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U.S. stock markets surged despite a rise in inflation, with the Dow Jones climbing 1.36%.
Despite an increase in inflation, U.S. stock markets surged on Thursday.
The Dow Jones Industrial Average climbed 1.36%, the S&P 500 gained 0.85%, and the NASDAQ Composite rose 0.72%.
The consumer price index rose 0.4% for the month, bringing the annual inflation rate to 2.9%.
Traders saw this increase as insufficient to deter an expected Federal Reserve rate cut.
Global markets showed mixed results, with Wall Street leading gains and some Asian indices closing lower.
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Los mercados bursátiles estadounidenses se dispararon a pesar de un aumento en la inflación, con el Dow Jones subiendo un 1,36%.