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S&P 500, Nasdaq 100 Aim For 8th Week Of Gains As Fed’s Inflation Gauge Cools: What’s Driving Markets Friday?

The S&P 500 and Nasdaq 100 indices are on the verge of achieving an impressive eight consecutive weeks of gains following a more significant decline than expected in the Federal Reserve’s favored inflation gauge in November, the Personal Consumption Expenditures

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Dow Rises 50 Points; Fed’s Preferred Inflation Gauge Cools In November

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 50 points on Friday. Following the market opening Friday, the Dow traded up 0.14% to 37,458.12 while the NASDAQ rose 0.30% to 15,008.08. The S&P 500 also rose, gaining, 0.31% to 4,761.25.

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