U.S. stocks saw a boost after a soft CPI print increased investor sentiment. The Dow Jones Industrial Average rose by 0.5%, while the S&P 500 gained 0.6% and the Nasdaq Composite climbed 0.8%. However, Nike shares slumped by 6.3% after the company reported lower-than-expected revenue figures.

Read more at Investing.com: U.S. stocks rise after soft CPI print boosts sentiment; Nike slumps