U.S. Stocks Likely To Extend Rebound After Tamer-Than-Expected Inflation Data

Stocks are likely to move to the upside in early trading on Wednesday, extending the rebound seen over the two previous sessions. The major index futures are currently pointing to a notable higher open for the markets, with the S&P 500 futures up by 0.8 percent.

The futures saw a significant surge following the release of a highly anticipated Labor Department report showing consumer prices increased by less than expected in the month of June.

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by RTTNews Staff Writer

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