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You are here: Home / Top Stories / Market Snapshot: S&P 500, Nasdaq close at highest in 15 months after inflation data takes some pressure off Fed

Market Snapshot: S&P 500, Nasdaq close at highest in 15 months after inflation data takes some pressure off Fed

July 12, 2023 by MarketWatch.com - Top Stories

U.S. stocks ended higher Wednesday after data showed the rate of inflation in June slowed to the lowest level since early 2021, fueling hopes that the Fed may be close to being done with its interest rate hikes.

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