NEW YORK, June 10 — Wall Street stocks rose early today, pushing the S&P 500 into record territory, as the market evinced little worry over data showing higher US inflation.
The rise topped expectations, but the sequential increase of 0.6 per cent from April to May was lower than the 0.8 per cent month-to-month rise from March to April, said Art Hogan, chief market strategist at National Securities.
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