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Strong Day for Stocks | What You Missed 5/14
Posted
May 14, 2024
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795
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May 14, 2024
795
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2:15Now PlayingA rally in big tech drove stocks closer to an all-time high as bond yields fell, with traders awaiting key inflation data for clues on the Federal Reserve’s next steps. In the run-up to the consumer price index, Wall Street shrugged off a mixed reading on producer inflation and Jerome Powell’s signals that rates will be higher for longer.
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