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Inflation Cooldown Boosts Market | US News
Stocks rallied as cooler-than-expected inflation data eased Fed rate hike fears, lifting the S&P 500, Dow, and Nasdaq—especially AI-linked chips. Inflation dipped to 3.5% vs. forecast 3.9%, slashing Fed rate hike odds from 42% to under 17%. Big banks like JPMorgan and Bank of America posted strong earnings, while IBM stumbled due to lagging software performance. Global risks, including Middle East tensions driving oil prices, remain, as earnings season kicks off. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is…
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