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Market Impact: 0.35
Stock Market Midday, Sept. 11: Stocks Rise as Falling Oil Prices Outweigh Sticky Inflation
Source: Nasdaq
Market Technicals & FlowsInflationEconomic DataInvestor Sentiment & Positioning
U.S. equities rose despite sticky inflation data: the S&P 500 gained 1.06% to 7,672, the Nasdaq Composite advanced 1.31% to 26,423, and the Dow Jones rose 0.95% to 52,560 as of 11:31 a.m. ET. The broad rally indicates risk-on investor positioning even as persistent inflation remains a macroeconomic headwind.
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