Wall Street Closes Sharply Higher as Inflation Data Fuels Investor Bets on Fed Rate Hike Slowdown

Wall Street registered its biggest rally since 2020 connected Thursday pursuing October’s ostentation study suggesting a peaking of decades-high user prices, and capitalist optimism regarding a imaginable slowing down connected Fed complaint hikes. The S&P 500 closed Nov. 10 astatine 3956.37 with a 5.54 percent increase; Dow Jones by 3.40 percent astatine 33,715.37 with an uptick of 1,201 points; and the Nasdaq Composite Index by 7.35 percent astatine 11,114.15, gaining ...