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Wall Street wobbles following run-up into inflation report

Por: Los Angeles Times Business January 12, 2023

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Wall Street is wobbling Thursday as markets digest a report showing inflation slowed again last month, bolstering hopes the Federal Reserve may take it easier on the economy through smaller hikes to interest rates. The Standard & Poor's 500 was 0.2% higher in early trading after flipping between gains and losses. It's still holding onto a solid gain for the week after rallying in anticipation of Thursday's report, one that... + full article



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