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MARKETS-ECONOMIC TIMES · INDIAN ·

US stocks today: Dow Jones soars 600 pts, Nasdaq 1% as oil prices fall amid high August inflation

As reported by Markets-Economic Times
US stocks rose sharply on Friday after August inflation data showed consumer prices increased 0.4%. The Dow gained 1.23%, S&P 500 1.05% and Nasdaq 1.08%. Falling oil prices also supported sentiment, while investors assessed the impact of sticky inflation on Federal Reserve rate expectations.
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