Markets soar on mild inflation

Mild inflation data sent the markets soaring to a sharply higher close with the Dow leaping 196 points to 24,739.

Mild inflation data sent the markets soaring to a sharply higher close with the Dow leaping 196 points to 24,739. Nasdaq climbed 65 points to 7404 while S&P 500 gained 25 points to 2723. The 30-year bond edged up as the yield eased to 3.110%.


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