U.S. stocks rally amid hopes CPI data marks inflation peak

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U.S. stocks rose Tuesday as investors focused on a report showing so-called core inflation slowing even as consumer prices rose by the fastest rate in 40 years.

What’s happening

On Monday, the Dow fell 413 points, or 1.2%, while the S&P 500 declined 1.7% and the Nasdaq Composite dropped 2.2%. The S&P 500 ended the session down 7% on the year.

What’s driving markets

U.S….



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