Dow and S&P 500 end higher, close to all-time records, while Fed’s Beige Book points to inflation, labor shortages

Dow and S&P 500 end higher, close to all-time records, while Fed’s Beige Book points to inflation, labor shortages
·6 min read

The S&P 500 index and Dow industrials end near all-time records Wednesday, as investors parse the Federal Reserve's latest Beige Book showing the U.S. economy is growing at a modest to moderate pace, but remains under pressure from inflation and labor shortages.

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