: U.S. stocks open higher Tuesday after softer-than-anticipated wholesale inflation report #FinanceUSA #StockMarketNEWS U.S. stocks opened higher Tuesday, after a report on wholesale price inflation
@stockMarketNEWS Wed 16 Nov, 2022
U.S. stocks open higher Tuesday after softer-than-anticipated wholesale inflation report #FinanceUSA #StockMarketNEWS
U.S. stocks opened higher Tuesday, after a report on wholesale price inflation pointed to signs of pressures easing. The Dow Jones Industrial Average gained 0.9% soon after the opening bell, while the S&P 500 rose 1.6% and the Nasdaq Composite climbed 2.5%, according to FactSet data, at last check. The producer-price index, which measures wholesale prices in the U.S., rose just 0.2% in October. That was softer than anticipated, with economists polled by The Wall Street Journal having forecast a 0.4% gain.
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