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Nasdaq Rallies on Soft PPI as Oil Plunges, Fed Pause Odds Surge

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Soft US PPI data boosts Fed pause odds to 66%, lifting Nasdaq and S&P 500 while Dow lags on Cisco's 8.5% slump.
  • Oil drops on massive inventory build and demand pessimism; gold and silver also decline despite falling yields.
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107.13 +67.05% over the displayed period

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