Stock market today
Here is the latest US stock market news today. How did the stock market close today?
S&P 500: 4,446.59,+49.14(+1.12%)
Dow 30: 34,564.59,+344.23(+1.01%)
Russell 2000: 2,025.10,+38.17(+1.92%)
Stock market news
“U.S. producer prices for final demand rose 1.4% in March after rising 0.9% in February, the Labor Department said on Wednesday. For the full year, PPI jumped 11.2% — the biggest gain since the 12-month data was calculated in November 2010. The results superseded estimates of 10.6%, according to Bloomberg consensus.
The latest print suggests inflation will remain elevated as Russia’s war on the Ukraine rages on and pushes prices of oil and other commodities higher.”