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flag S&P 500 and Nasdaq open higher due to moderating consumer prices boosting Fed interest rate cut hopes.

flag The S&P 500 and Nasdaq opened higher on Monday as moderating consumer prices raised hopes of an early interest rate cut by the Federal Reserve. flag The Dow Jones Industrial Average rose 0.56 points at the open, while the S&P 500 opened higher by 3.62 points and the Nasdaq Composite gained 17.59 points. flag However, higher Treasury yields kept gains in check.

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