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Markets soar on signs of slower inflation

Por: The Boston Globe Business November 11, 2022

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Stocks jolted higher Thursday after fresh data showed a moderation in inflation, bolstering investors’ expectations that the Federal Reserve will soon slow the pace of interest rate increases that have weighed on the market.The S&P 500 soared 5.5 percent, its best one-day performance since April 2020 and the early market recovery from the coronavirus-induced meltdown.Other markets also experienced large moves, with the US dollar falling more... + full article



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