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Market Impact: 0.4
Stock Market Midday, Sept. 30: Markets Rise on Softer Inflation Data, Investors Await Micron Earnings
Source: Nasdaq
InflationEconomic DataMarket Technicals & Flows
Softer-than-expected inflation data lifted equities in midday trading, with the Nasdaq Composite up 1.02% to 27,072 and the S&P 500 gaining 0.58% to 7,715 as of 11:37 AM ET. The Dow Jones Industrial Average was essentially flat, down 0.03% to 51,336, indicating the rally was concentrated more heavily in technology-oriented stocks.
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