From Wall Street Journal:

Major stock indexes rose on Wednesday ahead of key inflation data and bank earnings. The S&P 500 added 0.6% to close within 0.3% of its record high set just over two years ago. The Nasdaq Composite rose 0.8% and the Dow Jones Industrial Average was 0.5% higher. Stocks fell in the first week of 2024 but have since regained ground, with the S&P 500 turning positive for the year on Wednesday. This suggests cautious optimism in the market despite prior volatility.



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