Stocks rally and Dow closes above 47,000 for first time after cooler-than-expected inflation report | CNN Business

New York — Better-than-expected inflation data Friday morning sparked an end-of-week rally in stocks , sending the Dow, S&P 500 and tech-heavy Nasdaq Composite soaring to fresh record highs.
The Dow gained 473 points, or 1.01%, and closed a
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