Stocks open slightly higher as investors weigh Fed response to inflation

Stocks nudged higher in early trade Friday as investors weighed how aggressive the Federal Reserve will be in tightening policy a day after another hotter-than-expected inflation reading. The Dow Jones Industiral Average was up 50 points, or 0.1% at 35,292,while the S&P 500 rose 0.1% to 4,506.63 and the Nasdaq Composite shed 0.1% to 14,166.

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