Yahoo Finance's Ines Ferre joins the Live show to discuss how stocks are moving in the final hour of trading. Read More...
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Inflation Was Terrible. Here’s Why the Market Rallied.
The stock market took it literally on Thursday with a massive rally following an inflation reading that everyone agreed was way too hot. The CPI rose 0.4% in September, up from 0.1% in August, and above estimates for 0.2%. Core consumer prices, which don’t include food and energy, rose 0.6%, above forecasts for 0.4%, and unchanged from August.
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