The Producer Price Index was flat in July, well below the 0.2% rise economists expected, pulling the annual rate down to 4.7% and adding to signs that inflation is cooling. Stocks climbed and oil prices fell on the news, as investors also looked ahead to earnings from chipmaking equipment giant Applied Materials, due after the closing bell.
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Entertainment · Aug 13 · L1-L4
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Tech · Aug 13 · L1-L4