S&P 500, Dow Jones, and Nasdaq Rise as Consumer Prices Signal Easing Inflation
The S&P 500 index rose 1.34%, the Dow Jones Industrial Average gained 0.87%, and the Nasdaq Composite advanced 1.92% as data suggested inflation pressures are easing.
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Terms & Concepts
Inflation: A general rise in prices that reduces purchasing power.
Consumer prices: Prices paid by households for goods and services; a key inflation gauge.
S&P 500 index: A major stock index tracking 500 large companies.