Wall Street rallies regardless of inflation pressures
U.S. shares closed at report highs after August inflation knowledge met expectations, bolstering hopes for a Fed price minimize in September. The Dow jumped 617 factors (1.36%) to 46,108, topping 46,000 for the primary time—a symbolic milestone reflecting the market’s resilience regardless of financial headwinds. The S&P 500 gained 0.85% and the Nasdaq rose 0.72%, with all three indexes setting new data. #CNN #News