The S&P 500 topped the 6800-point mark after the latest CPI report bolstered bets that the Federal Reserve will pare its federal funds target range next week, reinforcing a positive outlook for corporate profits.
At the close in New York, the benchmark was 0.8 per cent higher at 6791.69. It earlier peaked at 6807.11. The Dow rose 1 per cent and the Nasdaq Composite 1.2 per cent.
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