U.S. stocks are trucking higher on Tuesday following a subdued October inflation report. It’s the first time since March that the S&P 500 index has gained more than 1% following the release of monthly CPI Index data.
As MarketWatch reported over the weekend, stocks’ reaction to CPI data in 2023 has been notably more subdued than in 2022, when the market experienced some of its biggest daily gains and losses following CPI reports.
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