Author - Craig Foley

All US sectors rally ahead of optimistic CPI data

12 Jan 2023 - US stocks rose Wednesday as investors grew increasingly confident Thursday’s consumer price index will show cooling inflation and signal to the Federal Reserve that previous interest rate hikes have had their intended impacts. The Dow Jones Industrial Average advanced 0.8 per cent and the S&P 500 gained 1.3 per cent, while the Nasdaq Composite added 1.8 per cent.

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