Market Report - US Close

US close: Stocks rise as producer price inflation eases

By Benjamin Chiou

Date: Thursday 12 Sep 2024

(Sharecast News) - US stocks put in solid gains on Thursday as investors assessed how slowing producer-price inflation would affect the near-term outlook for interest rates ahead of the Federal Reserve's next policy meeting.
The Dow finished 0.6% higher while the S&P 500 rose 0.8% and the Nasdaq jumped 1%,...

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