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Stock market today: Wall Street mostly rises after encouraging inflation data despite Lilly’s drag

  • Most U.S. Stocks rose on Tuesday after an encouraging update on inflation, although drops for Eli Lilly and other stocks kept indexes in check.
  • The S&P 500 rose 0.1%, while the Dow Jones Industrial Average added 221 points, or 0.5%.
  • Eli Lilly fell 6.6% after expecting weaker revenue for the last three months of 2024 than previously forecast.
  • The Core CPI rose at a 3.2% annual rate in December, coming in below expectations, which may influence the Federal Reserve's rate decisions.
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Bias Distribution

  • 43% of the sources are Center
42% Center
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