Reported about 14 hours ago
U.S. stocks rallied on Tuesday following inflation data indicating price increases were less than anticipated in December. The S&P 500 rose 0.4% and Nasdaq climbed 0.6%, as investors reacted positively to reports that the Trump administration might increase tariffs gradually to ease inflationary pressures. The Producer Price Index showed a 3.3% year-over-year rise, slightly above November's figures but below expectations, setting a positive tone for upcoming consumer inflation reports.
Source: YAHOO