S&P 500 Hits Record High 7,799 as Cool Inflation Data Lifts Rate-Cut Hopes

AI Summary The S&P 500 closed at a record high after soft July producer price data eased fears of a Fed rate hike in September. The post S&P 500 Hits Record High 7,799 as Cool Inflation Data Lifts Rate-Cut Hopes appeared first on BeInCrypto . fulltext: 240 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/sp-500-record-high-cool-inflation/ Source: BeInCrypto