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US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
U.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. Nasdaq outperformed on chip gains, while JPMorgan and Goldman Sachs advanced on robust results. IBM fell on weak revenue guidance, and markets scaled back expectations of a near-term Federal Reserve rate hike.
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abcnews.com
US stocks rise after data shows slowing inflation, even as IBM plunges
Stocks rose after a report showed U.S. inflation was not as bad last month as economists expected
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economictimes.indiatimes.com
US stocks today: S&P 500 and Nasdaq open higher as CPI, bank earnings take focus
US markets opened mixed as softer inflation data boosted expectations of a less aggressive Federal Reserve. The S&P 500 and Nasdaq gained, supported by rate cut hopes, while the…
