US stocks jump at open as CPI data calms rate-hike jitters
Wall Street‘s main indexes opened sharply higher on Tuesday after a smaller-than-expected rise in US consumer prices raised hopes that the Federal Reserve could soften its aggressive rate hike stance. The Dow Jones Industrial Average rose 555.64 points, or 1.65%, at the open to 34,546.65. The S&P 500 opened higher by 78.82 points, or 1.98%, … Read more
