[Breaking] New York Stock Market Closes Higher as Wholesale Price Growth Slows... Nasdaq Up 1.45%
[Asia Economy New York=Special Correspondent Joselgina] Major indices of the U.S. New York stock market closed higher on the 15th (local time) as the slowdown in the Producer Price Index (PPI), a wholesale price index, reinforced the theory that inflation has peaked.
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On this day in the New York stock market, the Dow Jones Industrial Average rose 0.17% from the previous session, closing near flat. The S&P 500, centered on large-cap stocks, rose 0.88%, and the Nasdaq, focused on tech stocks, closed up 1.45%.
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