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Published 1 year ago

Stocks open December with modest gains on Wall Street

Summary by News 4 JAX
Stocks are opening mostly higher on Wall Street and bond yields are pulling back after the government reported that a measure of inflation that’s closely watched by the Federal Reserve eased in October. The S&P; 500 was up 0.1% in the early going Thursday. The benchmark index is coming off its second straight monthly gain. A day earlier, markets rallied after Fed Chair Jerome Powell indicated the central bank could slow the pace of its interest …

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