Dow Gains 556 Points as Producer Prices Post Biggest Rise Since 2022
Photo: TokenPost
U.S. stocks finished higher Thursday, Oct. 15, after major indexes recovered from early losses. The Dow’s advance outpaced modest gains in the S&P 500 and Nasdaq as producer prices recorded their sharpest monthly increase since March 2022, with energy driving much of the rise. At the 4 p.m. ET close (20:00 UTC), the Dow Jones Industrial Average stood at 52,177.69, up 556.21 points, or 1.1%. The S&P 500 finished at 7,744.06, a 0.3% gain, and the Nasdaq Composite ended at 26,713.03, up 0.1%. The indexes’ different gains did not establish a broad move away from artificial intelligence stocks.
Source: TokenPost
