Market Snapshot: U.S. stocks rise for 4th straight day as Treasury yields retreat despite hotter-than-expected wholesale inflation data

by | Oct 11, 2023 | Stock Market

U.S. stock indexes were trading higher on Wednesday as traders digested the producer-price index which showed a measure of wholesale prices rose more than expected in September, while also awaiting the minutes from the Federal Reserve’s last policy meeting due out later in the session, and a widely-followed consumer-price index report on Thursday morning.How are stock indexes trading On Tuesday, the Dow industrials rose 0.4%, while the S&P 500 increased 0.5%, to 4,358, and the Nasdaq Composite gained 0.6%, according…

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