[Breaking] New York Stock Rally as CPI Increase Slows... Nasdaq Up 2.89%
[Asia Economy New York=Special Correspondent Joselgina] Major indices of the U.S. New York stock market rallied together on the 10th (local time) as the Consumer Price Index (CPI) inflation rate released showed a greater-than-expected slowdown.
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On that day in the New York stock market, the Dow Jones Industrial Average closed up 1.63% from the previous session. The large-cap focused S&P 500 index rose 2.13%, and the tech-focused Nasdaq index closed up 2.89%.
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