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Tech Surge Drives S&P 500 to Record High Amid Inflation Ease

10/12/2025

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Summary

Story summary

The S&P 500 reached a new high of 6,552.52 as US inflation data came in at 0.3% (below the 0.4%), easing recession fears.
Apple Inc. and Microsoft Corp. led the rally as tech shares outperformed.
The Dow Jones Industrial Average posted modest gains amid stable consumer sentiment despite inflation concerns.
Uncertainty lingered after a delayed inflation report and renewed US-China trade tensions, potentially affecting investor confidence.

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Story summary

The S&P 500 reached a new high of 6,552.52 as US inflation data came in at 0.3% (below the 0.4%), easing recession fears.
Apple Inc. and Microsoft Corp. led the rally as tech shares outperformed.
The Dow Jones Industrial Average posted modest gains amid stable consumer sentiment despite inflation concerns.
Uncertainty lingered after a delayed inflation report and renewed US-China trade tensions, potentially affecting investor confidence.