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via finance.yahoo.comMarkets

Five stocks upgraded as hot inflation revives Fed rate-hike bets

FROM THE WIRE · FINANCE.YAHOO.COM

Wall Street spent the week swinging between relief and worry. Stocks rallied hard on Monday, then slipped on Tuesday, when a hotter-than-expected inflation report arrived just as Federal Reserve officials were openly talking about raising interest rates again. The swings…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishInflation above expectations and priced-in Fed hikes weigh on equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Consumer Price Index rose 0.4% in October.
  2. 02Odds of a December Fed hike rose to 84%.
  3. 03Fed Governor Christopher Waller said the central bank should raise rates in December.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
S&P 500INDEX:SP500Index7,617.84Market closedtoday +1.29%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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