consumer prices

Wall Street buoyed by inflation report

The Dow rises 66 points despite a late sell-off of technology issues. Oil falls $1.58 to $124.22 a barrel. Stocks advanced Wednesday after a better-than-expected report on consumer prices tempered concerns about inflation.

Inflation fears rise with stocks

Shares extend a rally spurred by the Fed's rate cut. But renewed economic vigor may lift consumer prices. -- The stock market Wednesday extended its celebration of the Federal Reserve's interest rate cut as a sure tonic for the economy, but amid the hoopla was concern that the intended cure could unleash a bout of inflation.

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