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US stocks push higher as July inflation data matches expectations

US stocks push higher as July inflation data matches expectations

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9.45am: Early gains for Wall Street The main US indices started positively on Wednesday as the latest inflation figures, while elevated, arrived in line with what the market expected. After a quarter of an hour of trading, the Dow Jones Industrial Average was up 209 points, or 0.6% at 35,473, while the broader S&P 500 climbed 0.3% and the Nasdaq Composite added 0.1%.

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