Stock market news today: Stocks rally as Dow surges more than 500 points after cool inflation print


Source: finance.yahoo.com finance.yahoo.com

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US stocks rallied on Tuesday as investors digested a cooler-than-expected inflation print. The Dow Jones Industrial Average (^DJI) surged more than 500 points, or nearly 2%, as the tech-heavy Nasdaq Composite (^IXIC) jumped roughly 2.2%. The benchmark S&P 500 (^GSPC) rose 2%. The small cap Russell 2000 (^RUT) index also soared following the data with the index enjoying its best day in about a year. The 10-year treasury yield (^TNX) dropped a whopping 17 basis points to trade near 4.46%, while the 30-year Treasury yield (^TYX) declined roughly 13 basis points to 4.62%. On the corporate side, Home Depot's (HD)...