Crude Oil Moves Lower; US Producer Prices Fall 0.3% In June
benzinga_article·- U.S. stocks rose mid-session on Wednesday, with the Dow Jones increasing by over 150 points to 52,675.73. - Producer inflation fell 0.3% in June, below expectations, leading to speculation that the Federal Reserve may keep interest rates unchanged. - Notable market movements included Electrovaya's shares surging 37% following a deal with Amazon, while Cardiff Oncology's shares dropped 33% after a stock offering announcement.