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S&P 500 Rallies as In-Line CPI Report Drives Broad Market Gains

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The Story

News Summary

  • Wall Street rallied Friday as major indices gained nearly 1% after August CPI matched expectations.
  • All eleven S&P 500 sectors advanced, led by communication services, while Treasury yields dropped across the curve despite persistent concerns over core inflation and upcoming Federal Reserve policy decisions.
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7656.98 +14.20% over the displayed period

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