S&P 500 Up for Week on Encouraging Inflation News
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Description
Nasdaq Composite hits record high for fifth straight day, but slide in consumer sentiment burdens rest of market.
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Weaker-than-expected retail sales boosted rate cut hopes, while the semiconductor rally made Nvidia the world's most valuable company.
Published 06/18/24
Published 06/18/24
The S&P 500 index posted its 30th record close of the year as investors remained emboldened by signs of easing inflation.
Published 06/17/24
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