Investors' response to slowing inflation data was notably positive, as the S&P 500 saw an increase of 1.8 percent, the largest gain in over a month.
The Personal Consumption Expenditures index indicated a 0.1 percent price increase from October to November, lower than the forecast of 0.2 percent, easing investor fears.
Despite potential government shutdown threats, experts believe any resulting economic disruption will be minimal, advising investors to maintain a long-term perspective as funding dramas continue.
Even smaller companies, tracked by the Russell 2000 index, benefited from the market's positive direction, indicating broad investor confidence amidst ongoing political uncertainties.
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