Stock Market Today: S&P 500 ekes out gain ahead of key inflation data

Stock Market Today: S&P 500 ekes out gain ahead of key inflation data

The reading is expected to have cooled slightly in July from the prior month - a trend that is likely to ramp up optimism over lower interest rates.

The Fed recently signaled that any more encouraging economic data will set the stage for a September rate cut, and that it did not need to see inflation reaching its 2% annual target to begin trimming rates.

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