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13.08.2025 09:57 AM
The worst was avoided. This was enough for the S&P 500 to hit a new record high — its 16th this year. U.S. inflation data for July did not signal an approaching recession or stagflation. That alone was sufficient for an optimistic crowd, buoyed by another successful buy-the-dip move, to send the broad stock index soaring.Reaction of stock indices to U.S. inflation The increase in core inflation to 3.1% and the anchoring of consumer prices
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