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US stocks jump after oil prices ease and an inflation update comes in near expectations
Markets Rebound as Oil Prices Retreat Wall Street recovered much of its weekly losses Friday after oil prices eased and inflation data matched expectations. The S&P 500 gained 0.9%, ending…
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Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July
A Strong August Rebound Retail sales rose 1.2% in August after a revised 0.5% decline in July, according to Commerce Department data. The gain exceeded economists’ forecast of 0.7%. July’s…