November CPI: Inflation rose at annual 7.1% over last year, less-than-expected
https://finance.yahoo.com/news/novem...141704698.html
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The report propelled U.S. stocks forward and sent Treasury yields lower as Wall Street weighed the implication of softer prints on Federal Reserve policy. Contracts on the S&P 500 rallied 2.8%, while futures on the Dow Jones Industrial Average soared more than 700 points. Nasdaq futures jumped 3.8%.
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...and once again, the markets take off... Thanks, Joe! We'll recover from those nasty Trump tax cuts for the rich one of these days!
