U.S. stocks have surged to a historic peak, fueled by a lower-than-anticipated April inflation report. This unexpected development has revived expectations of a potential Federal Reserve rate cut this fall and has sparked significant adjustments in Wall Street’s year-end projections. Inflation Cools, Stock Market Heats Up The S&P 500 has not only recovered from its … S&P 500 Soars to New Heights: Inflation Cools, Rate Cut Hopes Reignite, Market Forecasts Revised
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