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S&P 500 touches 2-month high, stocks rally on more signs of easing inflation

Por: MarketWatch Business November 15, 2022

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What’s driving markets U.S. stocks rocketed higher on Tuesday after another batch of inflation data showed that whole prices rises were slowing in October for the second straight month. The producer-price index the Labor Department said Tuesday, easing from September’s revised 8.4% increase. Last week, stocks surged after the October consumer-price index rose more slowly than expected. See: n Tuesday’s PPI report helped support the notion... + full article



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