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Nasdaq up 2%, S&P rises as core CPI inflation cools; give way

itstargetnews
Business News
January 15, 2025
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The New York Stock Exchange opens its first day of trading in 2025 — News by Spencer Platt/Getty Images

Major US stocks rose on Wednesday afternoon, with bank shares increase, and how a softer-than-expected core inflation reading supported the view that the Federal Reserve should continue to cut interest rates.

The December consumer price index report too

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