CNBC Daily Open: U.S. consumer inflation data catalyzes stock rally
Business
Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today A tamer-than-expected U.S. inflation report for September injected optimism into markets. Traders are now betting that the Federal Reserve will almost certainly cut rates at its October meeting — scheduled for later this week — as well as at its December gathering. Major U.S. indexes climbed Friday and had their second consecutive week in the green, with the S&P 500 , Nasdaq Composite and the Dow Jones
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