Dow Jones gains 259 points, Nasdaq and S&P 500 also rise after positive CPI report
Major US stock indexes extended their gains during Wednesday’s premarket session following the release of the country’s latest Consumer Price Index (CPI) report. According to the Bureau of Labor Statistics, the yearly CPI reading came in at 3.3%, which is below the expected 3.4% and also lower than the previous month’s figure. Meanwhile, the monthly […]