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Dow Rises 217, Nasdaq Climbs 69, S&P Up 14

NEW YORK (AP) โ€” Wall Street closed higher Thursday after a report showed inflation slowed again last month, bolstering hopes the Federal Reserve may take it easier on the economy through smaller hikes to interest rates. While the report on U.S. inflation was clearly encouraging, stocks had already rallied earlier this week in anticipation of […]
United States Peter Essele Gargi Chaudhuri United Airlines American Airlines Commonwealth Financial Network

Wall Street ticks higher as hot U.S. inflation cools further

NEW YORK — Wall Street closed higher Thursday after a report showed inflation slowed again last month, bolstering hopes the Federal Reserve may take it easier on the economy through smaller hikes to interest rates. While the report on U.S. inflation was clearly encouraging, stocks had already rallied earlier this
United States Peter Essele Gargi Chaudhuri United Airlines American Airlines Commonwealth Financial Network

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