Odds Of a Fed Rate Hike Climbed After Hotter-Than-Expected Core Inflation. Stocks Climbed Anyway.

Source: International Business Times

Stocks rose on Friday, breaking a four-day losing streak. Stocks rose on Friday, breaking a four-day losing streak even as bets of a rate hike by the Federal Reserve jumped after core inflation rose more than expected in July. The S&P 500 gained 0.