Dow Rises Over 50 Points; US Inflation Rate Increases In May
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U.S. stocks rose, with the Dow Jones up over 50 points, closing at 42,936.56. The annual inflation rate increased to 2.4% in May, slightly below expectations. Catheter Precision shares surged 222%, while LeddarTech dropped 43% after layoffs. Oil prices rose 2.1%, and Asian markets closed higher. European shares were mixed, with the STOXX 600 down 0.2%.
Source: Benzinga The copyright of this article belongs to the original author/organization.
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