Personal Finance

Stock Market Today: Stocks Close Higher in Light Trading

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

Reassuring data on inflation (opens in new tab) soothed traders’ nerves, which have been rattled in December by the Federal Reserve’s policy of relentlessly hiking interest rates (opens in new tab). Be that as it may, not many market participants are around at this time of year, which makes it tough to develop takeaways from what the equity benchmarks are doing. 

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