Wall Street closes little changed on Fed policy fears By Reuters

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Wall Street closes little changed on Fed policy fears By Reuters
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*U.S. STOCKS CLOSE LITTLE CHANGED ON MIXED INFLATION MESSAGES, FED POLICY FEARS - 🇺🇸🇺🇸

The S&P 500 has bounced back 14% from mid-June lows. But signs of inflation running too hot could cement the Fed's case for aggressive monetary policy tightening.

"Maybe we can get a little bit higher by year end, but that's if everything lines up perfectly," he said, adding that the University of Michigan's preliminary consumer sentiment survey for August on Friday also will be closely watched.

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