ChipsET Techabout 2 hours ago
S&P 500 and Nasdaq rise on inflation data
3 min read
The S&P 500 and Nasdaq ended higher Tuesday after a cooler-than-expected June CPI report and solid big bank earnings boosted risk appetite. Chip shares led the Nasdaq's gains. The Labor Department's Consumer Price Index showed inflation cooling more than analysts expected, driven by abating energy price pressures.
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