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Wall Street rises as inflation keeps cooling

Por: Los Angeles Times Business June 14, 2023

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Stocks climbed Tuesday after a cooler reading on inflation cemented Wall Street’s bets for the Federal Reserve to hold off on hiking interest rates this week. The Standard & Poor's 500 rose 30.08 points, or 0.7%, to 4,369.01, its highest level since April 2022. The Dow Jones industrial average gained 145.79 points, or 0.4%, to 34,212.12, while the Nasdaq composite rallied 111.40 points, or 0.8%, to 13,573.32. The U.S. stock market has... + full article



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