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Stock impact report

Stocks move higher, erasing weekly loss for the S&P 500 [USA TODAY]

Charter Communications, Inc. - Class A (CHTR) 
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
Company Research Source: USA TODAY
The S&P 500 was up 0.6% as of 1:03 p.m. Eastern. The benchmark index is on track to close above its last all-time high set May 7th. The Dow Jones Industrial Average was up 146 points, or 0.4%, to 34,593, and the Nasdaq Composite rose 0.7%. Bond yields were steady. The Labor Department said consumer prices jumped 5% in May, the biggest year-over-year increase since 2008. The figure was higher than the 4.6% rise that economists had expected. While investors have been concerned about inflation for weeks, the May report seemed to reinforce the growing consensus that any increase in inflation will be temporary. A significant portion of the rise in consumer prices was tied to the sale of used cars, for example, which is largely attributed to the fact that many rental car companies are buying vehicles to beef up their fleets as people return to traveling. “Keep in mind that as we start to make our way back to a full economic recovery, there is pent up demand and supply constraints fro Show less Read more
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