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Wall Street points to a higher open ahead of critical July inflation data

NEW YORK (AP) — U. S. futures are pointing higher before the release of key inflation data for July that could provide a better idea of where prices are heading. Futures for the S&P 500 gained 0. 3% Wednesday and futures for the Dow Jones Industrial Average edged up 0. 1%. Nasdaq futures gained 0. 7%. Rising costs are being closely watched by the Federal Reserve as well as Republicans facing tough midterm elections and millions of Americans struggling with higher prices for everything from 3...

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