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June 13, 2025

Wall Street drifts higher after encouraging inflation update

By STAN CHOE
AP Business Writer

NEW YORK — U.S. stock indexes ticked higher on Thursday following another encouraging update on inflation across the country.

The S&P 500 rose 0.4% to pull back with 1.6% of its record. The Dow Jones Industrial Average added 101 points, or 0.2%, and the Nasdaq composite gained 0.2%.


 
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