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Us Stocks Soared Higher On Wednesday After A Key Inflation Index Showed That Annual Inflation Is Slowing, Surprising Analysts Who Expected Worse News.

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The Nasdaq Notched Its First Record Close In More Than Two Years After A Key Inflation Reading Came In As Expected.

March 1, 2024 at 6:15 am est.

From Cnn Business' Nicole Goodkind.

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The Nasdaq Notched Its First Record Close In More Than Two Years After A Key Inflation Reading Came In As Expected.

The nasdaq composite added 0.16%.

The Dow Dipped 305.47 Points, Or 0.77%, To Close At 39,475.90.