Dow closes more than 600 points higher as investors gear up for rate cuts CNNStock market news today: Dow rises 600 points after key Fed-watched inflation data Yahoo FinanceFed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut CNBCU.S. Inflation Data Keeps Door Open for September Interest Rate Cut The Wall Street JournalFed’s Preferred Inflation Measure Cooled Overall in June The New York Times