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Stock Market Today: Dow, S&P Live Updates for May 15


Stocks in Asia are poised to follow a big tech-led rally in US benchmarks, as investors look to key inflation data later Wednesday for clues on the Federal Reserve’s next steps.

Equity futures for Japan and Australia pointed higher, while those for Hong Kong were little changed with that market closed for a holiday. In the run-up to US consumer price index data, the S&P 500 shrugged off Jerome Powell’s signals that interest rates will be higher for longer and a mixed reading on producer inflation. The report weighed on bond yields and oil.



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