US Stock Market Posts Another Week Of Gains As Inflation Softens: This Week In The Markets

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Stock markets have notched their third successive week of gains, buoyed by inflation data falling short of forecasts. The Fed futures market anticipates four rate cuts in 2024. Small-cap stocks, as tracked by the iShares Russell 2000 ETF (NYSE:IWM), stand out as the outperformers for the week. They were up over 5%, while the dollar faced its weakest week since early July. The S&P 500 Index, as closely followed by the SPDR S&P 500 ETF Trust (NYSE:SPY), ended 2.2% up for the week to 4,513 points. Large-cap tech stocks, as tracked by the Invesco QQQ Trust (NASDAQ:QQQ), were up 2% for the week. Ev…

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