Stocks Climb on Inflation Data, Falling Oil

The core consumer price index rose a mild 0.2%, while the overall index surged 0.7%

Stocks finished higher Wednesday, following a tame inflation report and a decline in oil futures. The inflation data raised hopes the Fed may be nearing the end of its tightening cycle, but upcoming figures will probably show the economy still has steam, says Standard & Poor's MarketScope.

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