Washington, Jan 15, 2025 (AFP) - US stocks rally on inflation data, solid earnings

NAMPA / AFP

2025-01-15

Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks. The Dow Jones Industrial Average jumped 1.5 percent to 43,144.47 while the broad-based S&P 500 Index added 1.4 percent to 5,921.89. The tech-focused Nasdaq Composite Index advanced 1.6 percent to 19,348.94. This came as US consumer inflation accelerated to 2.9 percent in December from a year ago, according to government data relea......

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