Stocks rally amid cooling inflation data

Wall Street’s main indexes have gained, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seized on softer-than-expected inflation data that raised hopes of a pullback in rate hikes by the United States Federal Reserve. Equities were boosted by Tuesday’s inflation report that showed producer prices rising 8.0 […]

This post was originally published on Michael West.