[Breaking] All Major Indexes Close Higher on CPI Slowdown and Semiconductor Rebound
On July 14 (local time), all three major U.S. stock indexes closed higher, supported by a slowdown in the U.S. Consumer Price Index (CPI) inflation rate and a rebound in the semiconductor sector.
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On the same day at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed up 0.02% from the previous trading day. The S&P 500, which tracks large-cap stocks, rose by 0.38%, while the tech-heavy Nasdaq finished 0.90% higher.
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