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US stocks rise to a record as oil prices drop and inflation gets less bad

NEW YORK (AP) — The U. S. stock market rose to a record following the latest sign that inflation is getting less bad. Stocks also got a lift Thursday from easing oil prices in their latest yo-yo move. The S&P 500 climbed 0. 7% and topped its prior all-time high set last week. The Dow Jones Industrial Average added 0. 1%, and the Nasdaq composite gained 0. 8%. Treasury yields eased in the bond market after a report showed that inflation at the U. S. wholesale level was not as bad in July as 2...

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