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Wall St Week Ahead: Investor focus turns to data, election, earnings after Fed cut

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Wall St Week Ahead: Investor focus turns to data, election, earnings after Fed cut

A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings test in coming weeks as investors navigate one of the most volatile periods of the year for equity markets. The benchmark S&P 500 this week hit its first closing all-time high in two months after … Read more

US Inflation falls to 3-year low, clearing the way for Fed to begin cutting rates

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US Inflation falls to 3-year low, clearing the way for Fed to begin cutting rates

Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. Wednesday’s report from the Labor Department showed that consumer prices rose just 0.2% from June to … Read more