Inflation data boosts the S&P 500 and Nasdaq
02 MIN 30 SEC
Reuters
New York, United States (September 10, 2025) - 09:02 hrs
Traders' bets on a 25 basis point cut at the Fed's September 16-17 meeting were at 90%. Credit: AFP
The S&P 500 and Nasdaq hit record intraday highs Wednesday after weaker-than-expected inflation data kept the Federal Reserve on track to cut borrowing costs this year, while Oracle's surge helped boost earnings.
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