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Wall St mostly climbs with growth stocks, but inflation worries linger
U.S. stocks were mostly higher on Monday, led by gains in Amazon.com and other mega-cap growth shares while persistent worries over inflation offset some of the optimism. Shares of Amazon.com Inc AMZN.O were up more than 2%, giving the S&P 500 and Nasdaq their biggest boosts in the stock's first day of trading after adjusting to a 20-for-1 split. Among sectors, communication services .SPLRCL and consumer discretionary .SPLRCD were up the most. A solid jobs report on Friday lowered hopes of a pause in the Federal Reserve's aggressive policy-tightening plan. Investors are keeping a close eye on inflation data, with a ... (full story)