persistent strength in the services sectorFalling yields, in turn, perked up the stock market which notched its best day so far this year. The S&P 500 rose 2.
3%, driving the index to a tidy gain of 1.5% for the week.The big inflation update that arrives on Thursday in the form of the Consumer Price Index. If that shows a third straight slowdown, Wall Street will be a happier place.
Or a looming recession.
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