Stock market today: Wall Street rises toward records after inflation finally slows
NEW YORK (AP) — U. S. stocks are rising toward records Wednesday with hopes that inflation is finally heading back in the right direction after its discouraging start to the year. The S&P 500 was 0. 8% higher in midday trading and above its all-time high set at the end of March. The Nasdaq composite was adding to its own record set a day earlier, up 1%, as of 11:15 a. m. Eastern time, and the Dow Jones Industrial Average was up 250 points, or 0. 6%. Relief was coming from the bond market, to...
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