Stocks Rally to Records on Cooler CPI
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Description
The S&P 500 index jumped to an all-time high after lower-than-expected CPI readings boosted hopes for Fed rate cuts.
More Episodes
The S&P 500 ended its five-week win streak but is still up for May as investors maintain subdued expectations for Fed rate cuts.
Published 05/31/24
Published 05/31/24
Major indexes extended slide as investors wait for a key inflation update that may influence Fed rate discussions.
Published 05/30/24
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