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Wall Street Indices Rise To Highs On Moderate Inflation Data

Slowing inflation growth lifts Dow, S&P to records

The Dow Jones Industrial Average and S&P 500 closed at record levels on Wednesday, as data indicated US inflation growth may have peaked, while sectors tied to economic growth advanced on the heels of the passage of a large infrastructure bill. The Labor Department said the consumer price index increased 0.5 per cent last month after climbing 0.9 per cent in June, the largest

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