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Stock market today: US futures slip ahead of inflation data

April 28, 2023

Via: ABC News

Wall Street closed out a winning April with gains Friday after more companies said their profits at the start of the year weren’t as bad as expected.

The S&P 500 rose 34.13, or 0.8%, to 4,169.48. Despite some sharp swings this week, it still clinched a second straight winning month. The Dow Jones Industrial Average climbed 272.00, or 0.8%, to 34,098.16, and the Nasdaq composite gained 84.35, or 0.7%, to 12,226.58.

Exxon Mobil did some of the market’s heavier lifting after it rose 1.3%. It reported stronger profit and revenue for the latest quarter than forecast.

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