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US Markets: Less Inflation Fears after the Fed’s Meeting Minutes

US Markets: Less Inflation Fears after the Fed’s Meeting Minutes

The S&P 500 started this week on a stronger note by surging to two-month high price levels on Monday. After a brief pullback on Tuesday, the S&P 500 opened lower on May 23 and rebounded amid the improved risk appetite. On Wednesday, six out of 11 major S&P 500 sectors closed the day higher.