U.S. stocks increased to one of their finest days of the year as Wall Street unwinded after the veryfirst of anumberof extremely expected reports on the economy this week came in muchbetter than anticipated
U.S. stocks increased to one of their finest days of the year as Wall Street unwinded after the veryfirst of numerous extremely preparedfor reports on the economy this week came in muchbetter than anticipated.
The S&P 500 rallied 1.7% Tuesday after the federalgovernment reported inflation at the wholesale level slowed last month by more than expected. The Dow Jones Industrial Average acquired 1%, and the Nasdaq composite climbedup 2.