A second-half stock-market rally is still in play despite rout https://ift.tt/6Ik823K S&P 500 Index is coming off its worst week since Dec. 9, as hotter-than-forecast inflation data boosted speculation that the Fed will lift borrowing costs several more times, potentially pausing in July. That’s a steeper path of policy tightening than investors were bracing for just a few weeks ago.
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