Business
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.