Inflation data lifts Wall Street

The Russell 2000 small cap index looked up for the second day in a row as the major U.S. indices rallied on news that core producer prices stayed calm in May. The Russell 2000 moved up 4.58 points, or 0.55%, to finish at 837.12. The Dow Jones Industrial Average added 71.38 points, or 0.53%, to 13,553.73.

Core U.S. producers price increased 0.2% in May, the Labor Department said this morning. That’s in line with economists expectations.

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