Stock Market Today: Stocks Close Higher in Light Trading

Stocks managed to post gains on light volume ahead of the long holiday weekend.

Reassuring facts about inflation (opens in a new tab) calmed traders’ nerves, which were rattled in December by the Federal Reserve’s relentlessly hawkish policy interest rates (opens in a new tab). Be that as it may, there aren’t many market participants at this time of year, making it difficult to draw conclusions about what the equity benchmarks are doing.


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