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US Stocks Soar Higher
US stocks soared higher on Wednesday after a key inflation index showed that annual inflation is slowing, surprising analysts who expected otherwise.
Market Fears Cause Stock Drop
US stocks closed lower on Monday due to market fears over a strong US dollar. The Dow dropped over 300 points.
Fed Interest Rate Hike Expected
The stock market expects the Fed to raise its benchmark interest rate by another three-quarters of a percentage point at the conclusion of its upcoming meeting.
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