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S&P 500 rises as Fed’s Waller cites slowing inflation signs

The S&P 500 Index rose Thursday, with investors weighing remarks from Federal Reserve Governor Christopher Waller on signs inflation is slowing. Traders pared bets for interest-rate hikes in September.

SPX

The S&P 500 Index rose Thursday, on track for its best day in a month, as investors weighed remarks from Federal Reserve Governor Christopher Waller, who offered optimism that inflation is showing some signs of slowing.

Traders pared bets for interest-rate hikes in September.The benchmark equities…