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Soft Inflation Sparks Stock Rally | Open Interest 05/13/25

Markets

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May 13, 2025

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Bloomberg

US inflation comes in cooler than forecast for a third straight month, giving a lift to markets. Meanwhile, Ken Griffin tells Bloomberg that holding cash would have been the smartest move amid the recent market turmoil. UnitedHealth Group pulls its 2025 guidance and names a new CEO. And we turn to Riyadh as President Trump's deal-making focus shifts to the Middle East. (Source: Bloomberg)

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