Stocks climbed Tuesday after a cooler-than-expected inflation report increased expectations that the Fed will not need to raise interest rates as aggressively. The data strengthened the market’s rate-cut/less-hawkish outlook, supporting a broad risk-on move.
Stocks climbed Tuesday after a cooler-than-expected inflation report increased expectations that the Fed will not need to raise interest rates as aggressively. The data strengthened the market’s rate-cut/less-hawkish outlook, supporting a broad risk-on move.
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mildly positive
Sentiment Score
0.20
