Wall St rallies to higher close as inflation data feeds Fed pause hopes
NEW YORK – U.S. stocks ended sharply higher on Thursday as economic data showed cooling inflation and a loosening labor market, fueling optimism that the Federal Reserve could be nearing the end of its aggressive interest rate hike cycle. All three major U.S. stock indexes surged more than 1 percent, with interest rate sensitive megacaps … Continue reading Wall St rallies to higher close as inflation data feeds Fed pause hopes
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