Wall St rises as investors assess December inflation data


Source: reuters.com reuters.com

Key Topics in this News Article:

News Snapshot:

Summary Summary Companies U.S. consumer prices fall in December Netflix up on Jefferies rating upgrade Indexes up: Dow 0.3%, S&P 0.2%, Nasdaq 0.1% Jan 12 (Reuters) - Wall Street's main indexes rose in choppy trade on Thursday as cooling inflation supported bets of smaller interest rate hikes by the Federal Reserve, though concerns remained that the central bank would keep hiking rates further. The Labor Department's report showed U.S. consumer prices grew 6.5% on an annual basis in December, in line with expectations, from a 7.1% rise last month. Core inflation was in line with expectations as well. However, headline...