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By Josh Schafer
The S&P 500 (^GSPC) chugged to a record high last week as new inflation data signaled good news about the Federal Reserve's rate cut plans.
For the week, the Nasdaq Composite (^IXIC) rose more than 2.5%, while the S&P 500 added just under 1.5%. The Dow Jones Industrial Average (^DJI) added about 0.5%.
Corporate earnings season will roll on, headlined by quarterly reports from Alibaba (BABA) and Walmart (WMT). Overall, 46 S&P 500 companies are expected to announce results during the holiday-shortened trading week.
Read full details through Yahoo finance
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