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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Extend Win Streak After Promising Inflation Data

Inflation IBM
black stock chart with red and green bars going up

Today's producer price index (PPI), which measures what businesses are charging suppliers for goods, confirmed what Wednesday's consumer price index (CPI) did – that inflation continued to ease in June. 

The data were enough to keep the momentum going in stocks, with all three major indexes closing higher for a fourth straight day.  

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