S&P 500 tops for fourth weekly gain

Stocks are poised to close out on Wednesday, extending a rally on signs of slowing inflation.

Investors hope for a recent deceleration in consumer price growth would encourage the Federal Reserve to raise interest rates at a slower rate, thereby possibly preventing the economy from falling into a recession. Lower rates in recent years have boosted the prices of stocks, bonds, and more speculative assets like cryptocurrencies.

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