U.S. stocks rise after inflation data, bank shares rebound


NEW YORK, March 14 (Xinhua) -- U.S. stocks rallied on Tuesday, lifted by a solid rebound in bank shares, as investors digested February inflation readings that were roughly in line with estimates.

The Dow Jones Industrial Average rose 336.26 points, or 1.06 percent, to 32,155.4. The S&P 500 added 63.53 points, or 1.65 percent, to 3,919.29. The Nasdaq Composite Index increased 239.31 points, or 2.14 percent, to 11,428.15.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read