Nasdaq climbs and S&P dips on soft inflation data
The Nasdaq rose while the S&P 500 dipped as a softer inflation reading cooled expectations of Federal Reserve rate hikes. Both indexes still recorded their second consecutive quarterly gains.
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The Nasdaq climbed 0.24% on Wednesday while the S&P 500 dipped 0.25% as softer inflation data cooled expectations for near-term Federal Reserve rate hikes. Both major indexes secured their second consecutive quarterly gains.
