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Volatility In Markets Drops After US Stocks Record Weekly Gains

U.S. stocks recorded gains on Friday, with the major indices on the Wall Street notching their first weekly surge in four weeks. Markets are now awaiting August's consumer prices data, due on Tuesday, to look out for any signs of easing in inflation level. Annual inflation is seen declining to an 8.1% rate in August, compared to 8.5% in July.

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