Stocks Rise After More Inflation Data

The economy is sending mixed signals and investors are unsure about the path of interest rates.

Stocks Rise After More Inflation Data

Stocks rose in midday trading on Thursday after data revealed that U.S. producers prices fell unexpectedly in March. This added to the optimism about inflation easing.

The S&P 500 index gained 0.8% while the

Dow Jones Industrial Average

The Dow Jones Industrial Average rose by 0.5% or 177 points. The Nasdaq Composite, which is heavily tech-heavy, rose 1.5%.