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Dow futures up 130 points as stocks march higher after PCE inflation data MarketWatchKey Fed inflation measure rose 2.8% in March from a year ago, more than expected CNBCInflation's Last-Mile Problem City JournalUS inflation rises in line with expectations; consumer spending strong ReutersFed's favorite inflation gauge rises faster than expected in March
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Also, the Moneyist helps with a tricky estate plan, and good news in the housing market.
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Investors see short-term gains from tech giants that are pouring resources into AI, which is driving the sector's market rise.
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Microsoft, Alphabet earnings show AI is more than just hype Yahoo FinanceStocks making the biggest moves midday: MSFT, GOOGL, XOM, SNAP CNBCEarnings from social and search players signal that AI will be a long-play investment DigidayStock Market Today: Dow, S&P 500, Nasdaq Climb Higher; PCE Inflation Hits 2.7% -- Live Updates The Wall Street JournalStock market today: Stocks build on tech-fueled jump as market takes PCE in its stride Yahoo Finance
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SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.
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