Stock Market Today: Dow Hits New High On Inflation Data; IBM Rebounds, Lifts AMD (Live Coverage)

Published 2 weeks ago Positive
Stock Market Today: Dow Hits New High On Inflation Data; IBM Rebounds, Lifts AMD (Live Coverage)
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The Dow Jones Industrial Average and other indexes shot up in the final hour of trading Friday, as investors reveled in a cooler-than-expected inflation report on the stock market today. Meanwhile, IBM sprinted higher and lifted 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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