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Stocks erase some gains after NFLX-WBD acquisition rally, inflation gauge data
Wall Street's major averages saw gains reduced as traders evaluated new inflation data and its impact on Federal Reserve policy. Meanwhile, Netflix's acquisition of Warner Bros. Discovery was a key focus. The S&P 500 and Nasdaq Composite both rose by 0.1% in midday trading.
Source: businessinsider The copyright of this article belongs to the original author/organization.
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