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Tech carries Wall Street to records, even as most stocks fall after discouraging inflation data

NEW YORK (AP) — A rebound for technology stocks led Wall Street to records Wednesday, even though the majority of U. S. stocks fell following another discouraging update on inflation. The S&P 500 rose 0. 6% and topped its prior all-time high set at the start of the week. The Dow Jones Industrial Average dipped 67 points, or 0. 1%, while the Nasdaq composite set its own record after climbing 1. 2%. Gains for tech stocks led the way, like Micron Technology’s 4. 8% and On Semiconductor’s 11...

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