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Stocks advance as Fed awaited

U.S. markets positive after Lehman, inflation reports, but anticipation of rate cut permeates markets.


NEW YORK (CNNMoney.com) -- U.S. stocks pushed forward at the start of trading Tuesday as investors considered inflation data and Lehman Brothers results while expecting the Federal Reserve to cut interest rates.

The Dow Jones industrial average gained 0.3 percent. The Nasdaq composite index was a half percent higher. The Standard & Poor's 500 index advanced 0.4 percent.

Among stocks in the news Tuesday: Lehman Brothers (Charts, Fortune 500), Best Buy (Charts, Fortune 500), Apple (Charts, Fortune 500), General Motors (Charts, Fortune 500), Google (Charts, Fortune 500) and Yahoo (Charts, Fortune 500). Top of page

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