U.S. stocks are rising after inflation data boosts hopes for Fed pause

U.S. stocks are rising after inflation data boosts hopes for Fed pause

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Investing.com -- U.S. stocks were rising after a key inflation reading came in softer than expected. At 10:40 ET (14:40 GMT), the was up 160 points or 0.5%, while the was up 0.6% and the was up 0.8%. The Commerce Department's inflation report showed the , which is closely watched by the Federal…

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