Wall Street Rises and Oil Dips
Wall Street indices climbed on Friday following a volatile week as investors awaited the upcoming Federal Reserve meeting. Meanwhile oil prices retreated from a four-month high while consumer inflation boosted rate hike expectations.
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Wall Street equities ticked up 1.1% on Friday following a volatile week, while Brent Crude Oil retreated from a four-month high. The gains came as accelerating consumer inflation in the United States fueled expectations for a Federal Reserve rate hike next week.
