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US stocks: S&P 500 notches record-high close as rate-hike worries ease
The S&P 500 has hit a historic peak, largely influenced by a surge in technology stocks. With producer price inflation showing stability, expectations of a Federal Reserve rate hike have diminished. Memory chip giants Sandisk and Micron Technology reported impressive increases in their stock prices, alongside positive movements for other major firms like Broadcom and Meta Platforms.
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benzinga.com
S&P 500 Eyes Records, Fed Hike Odds Near 51% Before CPI - Intel (NASDAQ:INTC), Invesco QQQ Trust, Series
Crude rebounds and small caps outperform while megacap tech drags the Nasdaq lower, as traders brace for Wednesday's U.S. inflation print and even odds of a Fed hike.
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cryptobriefing.com
S&P 500 opens at record high as Dow and NASDAQ climb after CPI data
The S&P 500 opened at a record high after July CPI data showed 3.4% year-over-year inflation, with the Dow and Nasdaq also climbing on rate-hike
