US stocks pause as key inflation data eyed
Wed, Feb 28, 2024 11:23 AM

US stocks pause as key inflation data eyed

A Flip by Avya Verma
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U.S. stocks closed near flat on Tuesday ahead of inflation and other economic data that could shed light on the possible timing of a Federal Reserve interest rate cut. As corporate earnings season winds down, investors refocused on economic data and the likely path of U.S. rates. Equities have been on a furious rally for weeks, fueled largely by enthusiasm about artificial intelligence.

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