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S&P 500 Gains as US Inflation Print Matches Estimates

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The Story

News Summary

  • Wall Street finished higher on Friday as headline CPI met expectations at 0.4% month-over-month.
  • The S&P 500 rose 0.8%, led by communication services, despite core CPI ticking slightly higher than anticipated and keeping expectations alive for further Federal Reserve interest rate hikes.
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US500 price history

7656.98 +14.20% over the displayed period

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