Apple moves closer to erasing 2022 losses on better-than-feared inflation data

MacDailyNews
Aug 10, 2022, 4:25 pm562 pts
Apple is closing in on erasing its losses for the year as better-than-feared inflation data fueled a rally in the stock market Wednesday. The headline consumer price index (CPI) for July rose 8.5% year over year, remaining at a near 40-year high. Economists surveyed by Dow Jones were expecting increases of…

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