U.S. Stocks Mostly Higher Amid Optimism About Inflation Data

Stocks have moved mostly higher during trading on Wednesday, adding to the gains posted in the previous session. With the upward move, the Nasdaq and the S&P 500 have reached their best intraday levels in almost a month.

In recent trading, the major averages have reached new highs for the session. The Dow is up 172.99 points or 0.5 percent at 33,877.09, the Nasdaq is up 134.38 points or 1.3 percent at 10,877.01 and the S&P 500 is up 33.00 points or 0.8 percent at 3,952.25.

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by RTTNews Staff Writer

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