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US stocks closed higher on Thursday, with the S&P 500 surging to a record high

ADSS

Investors shrugged off CPI (consumer price inflation) data that showed a higher-than-projected rise in pricing pressure in the US. The Labor Department’s jobless claims data, released on Thursday, boosted investor sentiment on Wall Street.

Source: https://www.adss.com/en/market-updates/research/sp-500-hits-record-high-despite-rising-inflation/
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