Stocks soared on Tuesday, after an inflation reading raised hope

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Avalon - Stocks soared on Tuesday, after an inflation reading raised hopes that the Federal Reserve’s campaign to slow inflation may have reached its limits. The S&P 500 rose 1.9 percent on Tuesday, while the Russell 2000 index of smaller companies’ stocks, which are more exposed to the ups and downs of the economy, climbed roughly 5 percent. Bidenonmics! Thanks Joe

Print Publication Date: 
11/22/2023