(Reuters) - Wall Street jumped at the open, with the S&P 500 and the Nasdaq touching fresh record highs on Wednesday after benign consumer prices data reassured investors inflation was cooling, boosting hopes for rate cuts from the Federal Reserve later this year.
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Charlie Bilello
charliebilello
The S&P 500 closed at another all-time high today, its 27th of the year. Over the last 12 years, the S&P 500 has hit 374 all-time highs, which is more than any 12-year period in history. $SPX
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