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Kiplinger
Kiplinger
Business
Dan Burrows

Stock Market Today: Stocks Hit Record High Ahead of CPI Report

Stocks today.

Stocks rallied ahead of tomorrow's key reading on consumer inflation as market participants ramped up bets that the Federal Reserve would embrace a more gradual approach to lowering borrowing costs. Mega-cap tech names once again led the charge, but one of the sector's most important stocks failed to take part.

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