Stocks gained on Friday after a new print on core inflation in the U.S. came in milder than expected.
Each of the S&P 500, Dow and Nasdaq gained, holding onto overnight advances. Shares of big bank stocks increased after the Federal Reserve announced that most banks will be allowed to resume increasing their dividends and shares repurchases after June 30, ending a year of pandemic-related restrictions.
U.S. crude oil prices rose Friday morning after dropping by more than 4% on Thursday as…
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