Reported 2 months ago
U.S. stocks saw significant gains on Tuesday, led by tech shares amid cooler-than-expected inflation data and anticipation for the upcoming Consumer Price Index (CPI) report. The Nasdaq climbed approximately 2.4%, while the S&P 500 rose about 1.7%. The Producer Price Index (PPI) indicated only a 0.1% month-over-month increase, suggesting some easing inflation. Companies like Starbucks and Chipotle were also in the spotlight following significant executive changes, impacting their stock performances.
Source: YAHOO