Tech-led surge pushes S&P 500 to record as inflation data eases rate worries

1 min read
Source: MarketWatch
Tech-led surge pushes S&P 500 to record as inflation data eases rate worries
Photo: MarketWatch
TL;DR Summary

U.S. stocks rose broadly after wholesale inflation data suggested rate hikes may be off the table, with the S&P 500 posting a record close as tech-driven Nasdaq led gains; the Dow ticked higher as Treasury yields and oil prices fell.

Share this article

Reading Insights

Total Reads

0

Unique Readers

15

Time Saved

40 min

vs 41 min read

Condensed

100%

8,08140 words

Want the full story? Read the original article

Read on MarketWatch