Wall Street ended a three-day losing streak after the latest inflation report, with the Fed’s preferred measure of inflation coming in line with economists’ expectations. This relief saw buyers push most sectors higher. Pharma stocks jumped on tariff news and game maker Electronic Arts surged on reports of a potential $50 billion buyout. Energy shares also led weekly gains ahead of the OPEC meeting. Still, concerns over a possible government shutdown weighed on sentiment heading into the week. Back home, futures point to a modest gain for the ASX 200 on Monday ahead of the RBA’s two-day meeting.

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