Wall St rallies as July inflation data fuels Fed rate pause hopes

News Snapshot:

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File Photo Summary Companies Disney climbs after posting upbeat Q3 earnings Capri jumps as Tapestry to buy it in $8.5 bln deal July annual CPI at 3.2% vs estimates of 3.3% Weekly jobless claims jump more than expected Indexes up: Dow 0.95%, S&P 0.91%, Nasdaq 1.05% Aug 10 (Reuters) - Wall Street rose on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal Reserve could leave interest rates unchanged next month. The consumer price index (CPI)...