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How major US stock indexes fared Tuesday 6/13/2023

Por: ABC News Business June 13, 2023

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Stocks climbed after a cooler reading on inflation bolstered Wall Street’s expectations that the Federal Reserve will hold off on another interest rate hike this week. The S&P 500 rose 0.7% Tuesday, touching heights unseen since April 2022. The Dow Jones Industrial Average gained 145 points, while the Nasdaq composite rose 0.8%. Stocks have been on a roll amid hopes the economy can avoid a severe recession and inflation can ease enough for the... + full article



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