Stock Market Today: Dow, S&P 500, Nasdaq Close At New Highs On Cool CPI Data

Published 2 weeks ago Positive
Stock Market Today: Dow, S&P 500, Nasdaq Close At New Highs On Cool CPI Data
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The Dow Jones Industrial Average and other major indexes posted healthy gains Friday after a lower-than-expected inflation report. IBM soared 7.9% and helped lift the Dow, as well as chipmaker Advanced Micro Devices. All three major indexes got a boost as the U.S. Consumer Price Index readout came in softer than expected, paving the way for more interest rate cuts.

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