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S&P 500 Hits Record High 7,799 as Cool Inflation Data Lifts Rate-Cut Hopes

BeInCrypto
S&P 500 Hits Record High 7,799 as Cool Inflation Data Lifts Rate-Cut Hopes

The S&P 500 closed at a record high after soft July producer price data eased fears of a Fed rate hike in September. The post S&P 500 Hits Record High 7,799 as Cool Inflation Data Lifts Rate-Cut Hopes appeared first on BeInCrypto.

Key Takeaways

  1. The S&P 500 closed at a record high after soft July producer price data eased fears of a Fed rate hike in September.
  2. The post S&P 500 Hits Record High 7,799 as Cool Inflation Data Lifts Rate-Cut Hopes appeared first on BeInCrypto.
  3. Read the full article for additional context and details.
Read Full Article on BeInCrypto

Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.