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Stock market rises as traders digest more inflation data (SPX:)

Stock futures edge higher after softer CPI as investors await PPI and Fed speakers.

Financial news writer0 ViewsSource Seeking Alpha

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Stock market rises as traders digest more inflation data (SPX:)
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Stock futures edge higher after softer CPI as investors await PPI and Fed speakers.

Stock market rises as traders digest more inflation data (SPX:) | Seeking Alpha

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Dmitry Vinogradov

Wall Street opened in the green on Wednesday, as wholesale inflation came in cooler than expected.

S&P 500 (

SP500

) +0.4%, the Dow (

DJI

) +0.2%, and the Nasdaq Composite (

COMP:IND

) +0.7%.

June U.S. Producer Price Index:

-0.3%

M/M vs. -0.1% consensus

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This article is sourced from Seeking Alpha. It is for informational purposes only and does not constitute investment advice.

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