![Nasdaq jumps as Fed-favored inflation data comes in cool: Stock market news today](https://cdn.newsserve.net/ONPglobe256.png)
Nasdaq jumps as Fed-favored inflation data comes in cool: Stock market news today
Stocks mainly rose on Friday, as Wall Street digested a fresh read on the Federal Reserve's preferred inflation gauge that could feed into interest rate expectations. The S&P 500 (^GSPC) gained about 0.3% in midday trading, while the Dow Jones Industrial Average (^DJI) lost grip of earlier gains…
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