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.
Core U.S. producers price increased 0.2% in May, the Labor Department said this morning. That’s in line with economists expectations.
For access to the full article, you must be a registered member - it's FREE.
Already a member? Please log in below
Not Registered?
Register today and enjoy all that SmallCapInvestor.com has to offer, including:
- Daily small cap stock profiles.
- Intra-day coverage of Russell 2000 companies.
- Research and insights from our analysts.
- Special reports.
