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Published 2 years ago

Wall Street closes higher but still ends week in the red

Summary by Ground News
The S&P 500 rose 1.1% after having been down 0.9% in the early going. The gain snapped a four-day losing streak for the benchmark index, which still posted its fourth losing week in the last five. The market's deep slump this year reflects investors anxiety over surging inflation and the possibility that higher interest rates could bring on a recession.

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