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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Rise Ahead of Next Inflation Update

blue stock market chart with teal bars and red moving averages

Stocks started the day in positive territory Thursday as banking industry concerns eased and expectations grew that the Fed could pause rate hikes at its May meeting. And while optimism waned throughout the day, the three major benchmarks still closed higher for a second straight day. 

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