Stocks edge higher as investors digest inflation data | January 12, 2023
- Update Date:
- Post Date:
#stockstowatch #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest market news check out finance.yahoo.com U.S. stocks edged higher Thursday as investors digested fresh inflation data that showed prices increased at a slower annual rate in December, a report that was in line with expectations from economists. The S&P 500 (^GSPC) added 0.6%, while the Dow Jones Industrial Average (^DJI) rose 0.8%. The technology-heavy Nasdaq Composite (^IXIC) increased about 0.7% during midday trading. U.S. Treasury yields ticked down. The yield on the benchmark 10-year U.S. Treasury note fell to 3.4% from the 3.5% Thursday morning. The dollar index fell 0.51% to […]