U.S. Stocks, Inflation Update
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•Morning Bid: New stock records as storm passes and CPI due
79% Informative
U.S. interest rate horizon is back in focus with September 's key inflation update due on Thursday .
September 's CPI inflation is expected to ease to 2.3% - its lowest in more than three years - but with 'core' inflation stickier around 3.2% .
The S&P500 is now up 21.4% for the year to date , Deutsche Bank analysts point out that this is strongest performance for the index this year since 1997 .
GSK jumped about 6% in London after agreeing to pay up to $2.2 billion to settle U.S. lawsuits that claimed its discontinued heartburn drug Zantac caused cancer.
The figure was smaller than what some analysts had feared.
US September consumer price inflation, weekly jobless claims to be released later on Thursday .
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90
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97
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