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Stock market news today: Stocks rise with Fed hopes still in play

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Confidence that the Fed is done with rate hikes is still encouraging investors into stocks.

more than expected and wage inflation cooled, cementing optimism for an end to Fed interest-rate increases that persisted into the new week.Investors will be listening out for confirmation when several Fed officials step up to speak this week, including two appearances by Chair Jerome Powell. Regional Fed presidents John Williams and Raphael Bostic are among those on the docket.

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