[Breaking] US Inflation Slows, New York Stock Market Closes Higher... Nasdaq Up 1.58%
The three major indices of the U.S. New York Stock Exchange all closed higher on the 13th (local time) after the Producer Price Index (PPI), a key inflation indicator, also came in below expectations following the Consumer Price Index (CPI).
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On that day, the Dow Jones Industrial Average rose 0.14% from the previous session to close the trading. The S&P 500, which focuses on large-cap stocks, increased by 0.85%, and the tech-heavy Nasdaq index closed up 1.58%.
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