Dow Rises 300 Points as Inflation Worries Ease, Nasdaq Pares Gains
Dow Closes at Record as Inflation Worry Eases, Bond Yields Fall TheStreet 3/10/2021 © TheStreet Dow Closes at Record as Inflation Worry Eases, Bond Yields Fall The Dow Jones Industrial Average on Wednesday closed at a record in mixed trading after U.S. consumer prices in February rose less than expected, easing investors' worries about inflation. Benchmark 10-year Treasury bond yields fell to 1.514% on Wednesday after the core consumer price index rose 0.1% from a month earlier and 1.3% from the prior year, indicating that inflation pressures remain muted. In addition, the Treasury sold...