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Midday Report: U.S. Stocks Climb as September Rate Hike Chances Fall

May 27, 2023
in Trade Tube
Reading Time: 1 min read
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Stocks climbed following a storm of U.S. economic data that undercut the chances of a rate hike when the Federal Reserve meets next week. Retail sales, producer prices and industrial production in August each came in weaker than expected.

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