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S&P 500 Extends Record Ahead of Inflation Data, Fed Meeting

·1 min

Strong gains for technology stocks helped lift major indexes ahead of Wednesday’s double bill of key inflation data and the Federal Reserve’s interest-rate decision.

The S&P 500 added 0.3% after hitting a record high, while the Dow Jones Industrial Average dropped 0.3% and the Nasdaq Composite rose 0.9% due to gains in tech shares.