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

·1 min

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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.