Summary
At midday Wednesday, the major benchmarks were higher after the Consumer Price Index showed flat prices from the prior month. All of the major indices are higher, with the S&P 500 up 1.2%, the Nasdaq Composite up about 1.9%, the Russell 2000 popping almost 3%, and the Dow Jones Industrial Average bringing up the rear with a gain of 0.4%. So all is well, for now. Still ahead today is the release of the Federal Reserve’s so-called ‘dot plot,’ which certainly has the power to impact sentiment.
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