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Wall Street soars after CPI data release

US stocks jumped overnight after July inflation data was weaker than expected

Kristie Batten
Wall Street soars after CPI data release

The S&P 500 was up 2.1% after the consumer price index increased 8.5% year-on-year, down from the 9.1% jump in June and softer than expectations. The data eased fears of another aggressive interest...

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