Dow Jones rises after positive data

2022-05-11 15:25:09 GMT (Economies.com)
Dow Jones rises after positive data

US stock indices rose on Wednesday following a spate of upbeat data.

 

US consumer prices rose 8.3% in April, beating estimates of 8.1%, and slightly below 8.5% in the previous reading.

 

Core prices, excluding food and energy, rose 6.2%, beating estimates of 6%.

 

On a monthly basis, consumer prices rose 0.3%, while core prices rose 0.6%.

 

Dow Jones rose 0.8% as of 14:22 GMT to 32,437, while S&P 500 rose 0.8% to 4,034, as NASDAQ added 0.54% to 11,793.

 
 
 
  Symbol Last Change Chg.%
1.0751
0.0098
0.9181%
1.2626
0.0063
0.5039%
22.159
0.247
1.129%
113.748
3.609
3.277%
117.12
-0.28
0.24%
1858.110
1.675
0.090%
 
 
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Europe
 
Asia