STOCKS | iCapital’s Suzuki Says Lower-Income Consumers Have Felt Inflation Most

US stocks headed toward their best quarter in six years, with chipmakers extending gains from war-driven lows and data pointing to resilience in jobs and consumer sentiment, according to Bloomberg. The rally has added more than $8 trillion to the S&P 500’s value over three months. Dan Suzuki, a global investment strategist at iCapital, said lower-income consumers have felt inflation the most in comments on Bloomberg Businessweek Daily.