[Breaking] New York Stock Rally on CPI Below Expectations... Nasdaq Up 1.15%
The three major indices of the U.S. New York Stock Exchange all closed higher on the 12th (local time) as the June Consumer Price Index (CPI) came in slower than expected, boosting hopes for a soft landing and the final stages of tightening.
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On that day, the Dow Jones Industrial Average rose 0.26% from the previous session to close. The large-cap-focused S&P 500 index increased by 0.75%, while the tech-heavy Nasdaq index closed up 1.15%.
This content was produced with the assistance of AI translation services.
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