Some investors worry the rally could stall without evidence that inflation is cooling again.
NEW YORK: A strong earnings season and blockbuster reports from tech industry titans fueled a US stock market rebound from the first real swoon of 2024. Next week’s inflation data could determine whether the good vibes continue.
The benchmark S&P 500 index is up over 9% for the year, up near its late-March record high, following a 5% pullback that occurred last month.
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