[Breaking] New York Stock Market Closes Higher as PPI Slowdown Confirmed
On August 13 (local time), all three major U.S. stock indices closed higher, supported by a slowdown in the July Producer Price Index (PPI).
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At the New York Stock Exchange (NYSE) that day, the Dow Jones Industrial Average rose by 0.13% compared to the previous trading session at the close. The S&P 500 Index, which focuses on large-cap stocks, gained 0.65%, while the tech-heavy Nasdaq Index climbed 0.81% to finish the session.
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