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Investors have reasons to be bullish, but the market remains divided.
Fed’s preferred inflation gauge (PCE) showed core prices rose 3.3% annually in July.
U.S. stocks climbed at midday Friday, with the Nasdaq 100 leading and reaching new record highs, after a much weaker-than-expected September jobs report pared bets on further Federal Reserve rate hikes.Chip stocks led the move as Nvidia Corp. NASDAQ:NVDA hit a record high at $237.88 per share.Nonfa…