S&P 500 hits 3-month high after inflation slows – Daily Market Brief, August 11, 2022

After a key inflation reading revealed a better-than-anticipated deceleration in the rate of price inflation, the stock market soared on Wednesday. The Dow Jones Industrial Average increased around 540 points, or 1.63 per cent, to finish the day at 33,309.51. The S&P 500 rose more than 2 percent to 4,210.24, its highest level since the … Continue reading S&P 500 hits 3-month high after inflation slows – Daily Market Brief, August 11, 2022 →Read more