Business

Nasdaq, S&P, Dow extend gains to third day after key inflation gauge (SP500) adjusts


Wall Street sign in New York City with New York Stock Exchange background.

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U.S. stocks on Friday were on track to extend their gains to a third straight session after the Federal Reserve-priority index of inflation was allowed to moderate, stoking hopes that the central bank could may be closer to the end of the rate hike cycle.

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