Business
Stocks Snap Losing Streak With 1% Rally Ahead of Expected Fed Hike
The stock market ended the week on a high note, with all three major indexes taking part in a broad rally on Friday.
The S&P 500 rose 0.9%. The Nasdaq Composite gained 1%. The Dow Jones Industrial Average gained 1%, or 508 points.
Stocks ticked higher after August’s consumer price index data fueled a surge in odds that the Fed will raise rates, removing some uncertainty from the market.
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