Stocks Ended Higher Amid Softer-Than-Expected Inflation Data
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Description
U.S. stocks closed higher in response to the July consumer price inflation report, which came in cooler than expected.
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Strong earnings reports from several big companies fueled renewed broad-based buying, helping lift the Dow Jones Industrial Average to a two-week high.
Published 04/23/24
Published 04/23/24
The S&P 500 index broke a six-day losing streak after oil prices declined and investors waited for earnings report from major companies.
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