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Nasdaq 100 adds $700 billion in value as US inflation eases

4.5 (533) · $ 11.99 · In stock

Inflation cooled in October by more than what was forecast, suggesting that one of the biggest headwinds facing tech could be easing. It could also give the Fed room to slow its pace of interest-rate hikes, easing another strain on the multiple of so-called growth stocks.

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Nasdaq 100 Adds $965 Billion in Value as Inflation Eases - Bloomberg

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