From Investing.com: 2024-04-11 15:43:30

The S&P 500 rose on Thursday, led by tech stocks, after data showed a slight increase in producer prices, easing inflation concerns. The index gained 0.2%, with the Nasdaq up 0.89% and the Dow up 1.7%. U.S. producer prices rose 0.2% in March, less than expected, and were up 2.1% over the past year. Wall Street banks are set to report earnings soon, with Constellation Brands beating expectations and CarMax disappointing investors. Nike stock rose on a Bank of America upgrade, Alpine Immune Sciences soared on a Vertex acquisition, and Paramount gained on merger talks with Skydance Media.



Read more at Investing.com: US stocks rise as tech rebounds ahead of earnings from major Wall Street banks By Investing.com