US stocks advance amid signs of easing inflation ...Middle East

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US stocks advance amid signs of easing inflation
NEW YORK: Wall Street’s major indexes climbed on Tuesday, following another milder-than-expected US inflation report, reported Xinhua.The Dow Jones Industrial Average rose 56.22 points, or 0.17 per cent, to 33,592.92. The S&P 500 increased 34.48 points, or 0.87 per cent, to 3,991.73. The Nasdaq Composite Index was up 162.19 points, or 1.45 per cent, to 11,358.41.Nine of the 11 primary S&P 500 sectors ended in the green, with communication services and technology up 1.78 per cent and 1.24 per cent, respectively, outpacing the rest. The materials and the health care groups, however, suffered modest losses.The US Labour Department reported Tuesday that the country’s producer price index (PPI),

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