By Staff Reporters
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We hope everyone is staying safe out there, especially because in healthcare, summertime is known as “trauma season.” Accidents nearly double for children, and adult injuries increase by almost 25%, with the main culprits being sports and recreational activities. So remember to put on a helmet, knee and elbow pads; etc.
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Stocks surged on Wednesday after a cooler-than-expected June consumer price index report eased some worries that the Federal Reserve may tip the economy into a recession as it fights to bring down sticky inflation.
The S&P 500 and Nasdaq Composite jumped 0.74% and 1.15%, respectively, to hit their highest closing levels since April 2022. The Dow Jones Industrial Average added 86.01 points, or 0.25%.
Fundstrat’s Tom Lee told CNBC’s “Closing Bell: Overtime” on Wednesday that today’s CPI print, future expectations for easing and recent stock activity paint a market that is “behaving more like a soft landing” scenario that many deemed unreachable at the start of 2023.
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Filed under: "Doctors Only", Breaking News, Financial Planning, Investing, LifeStyle | Tagged: accidents, CBOE, CNBC, CPI, DJIA, DOW, KRX, markets, NASDAQ, oil, S&P 500, stock markets, summer, summer trauma, summer trauma season, Tom Lee, trauma season, VIX, volatility exchange, WTI | Leave a comment »
















