The S&P 500 was set to end its second straight quarter on a high note on Friday, as evidence of cooling inflation further supported hopes of a softer monetary policy approach from the Federal Reserve in light of recent banking sector problems. Friday caps a turbulent first quarter and month for stocks marked by shockwaves from the collapse of two regional U.S. banks and signs of trouble in some European banks which have led to a repricing in interest rate expectations from the Fed.
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