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Wall Street points higher ahead of inflation data, earnings

Por: ABC News Business October 12, 2022

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NEW YORK -- Wall Street pointed higher before the bell Wednesday ahead of more inflation and retail sales data, as well as the kick-off to the corporate earnings season.Futures for the Dow Jones industrials rose 0.6% and futures for the S&P 500 climbed 0.8%.Fears of a recession have been weighing on markets as stubbornly hot inflation leads consumers to temper their spending.The Federal Reserve is aggressively raising its benchmark interest rate... + full article



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