Wall Street rallies on mixed inflation data, rate cut hopes

MANHATTAN (CN) - The bull market continued this week despite mixed inflation data, as investors grow more confident they will see an interest rate cut in September.

With gradual and consistent increases in equities throughout the week, the Dow Jones Industrial Average picked up 626 points by the closing bell on Friday. The S&P 500, which flirted at one point with a new high point, gained 48 points, while