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Stocks jump on cool inflation, steady Fed

Wall Street Breakfast

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Analysis of Core CPI data and Stock Movements

This chapter delves into the recent Core CPI data indicating a modest increase, shedding light on lower services inflation and the persistent impact of shelter costs on overall and core inflation rates. It also touches on stock market developments, including Oracle's surge driven by robust bookings and GameStop's stock price decline following a notable equity offering announcement.

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