Stock Market Today: S&P 500 Nabs New Record Close After CPI
Strong gains for Oracle and Nvidia helped the main indexes brush off hotter-than-anticipated inflation data.
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Strong gains for Oracle and Nvidia helped the main indexes brush off hotter-than-anticipated inflation data.
The February CPI report came in hot this morning, with annual inflation coming in at 3.2%, higher than January's 3.1% reading.
The AUD/USD pair trades with a mild negative bias above the 0.6600 psychological mark during the early Asian session on Monday.
The Australian Dollar (AUD) snaps its three-day winning streak on Monday, amid a weaker US Dollar (USD).
The West Texas Intermediate (WTI) oil price has continued to decline for the third consecutive session, driven by data indicating a decrease in oil imports in China.