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economy1 day ago

CPI Snapshot: Modest Rise, Market Resilience in Focus

Investors expect the upcoming CPI report to show a modest inflation uptick led by food and shelter, with autos and memory chips still under price pressure. After a rally driven by small-caps and the Dow, sentiment remains largely bullish as CPI detail is awaited. A small rise should keep the rally intact, while a larger-than-expected drop could spurFed rate-cut expectations and push the S&P 500 higher, potentially beyond 7,000.