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Stocks rise following hot March inflation

The S&P 500 is poised to extend gains on tech earnings while short-term Treasury yields fell following brisk rise in Fed’s preferred inflation gauge.

Stocks rose in early trading and bond yields fell, with the latest inflation report coming roughly in line with Wall Street’s estimates.

S&P 500 futures signaled the US equity benchmark will extend this week’s gains, buoyed by big tech earnings. Treasury two-year yields, which are more se

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