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stocks rise on inflation data despite losses from eli lilly and big tech
U.S. stocks mostly rose following positive inflation data, with the S&P 500 up 0.1% and the Dow Jones gaining 221 points. However, Eli Lilly's 6.6% drop and declines in several Big Tech stocks limited gains. Treasury yields stabilized after the inflation report, while H&E Equipment Services surged over 100% due to a buyout announcement.
stocks rise on wall street after positive inflation report
U.S. stocks rose slightly following positive wholesale inflation data, with the S&P 500 up 0.1% and the Dow Jones gaining 134 points. However, declines in major companies like Eli Lilly and Nvidia limited gains. H&E Equipment Services surged over 100% after a buyout announcement, while Signet Jewelers fell 21.5% due to disappointing holiday sales.
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