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S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings ReutersStock futures are flat after soft inflation reading lifts market: Live updates CNBCConsumer inflation cooled more than expected in June as gas prices fell Fox BusinessInflation cools in June as oil prices drop. Here's where prices dropped and where they increased WMTW
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Americans got some relief at the gas pump in recent weeks, enough to slow down inflation. That might not last long as the U.S. and Iran continue to vie for control of the Strait of Hormuz.
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