Stocks finished higher across the board after another round of encouraging inflation data, with the producer price index (PPI) falling 0.3% in June. Investors also reacted to more earnings from big bank names, while a handful of tech giants helped lift the broader market. The Dow and Nasdaq both jumped triple digits, while the S&P 500 closed with a modest gain.
Oil, Gold Edge Higher
Oil prices moved little today as investors kept an eye on the U.S. and Iran. August-dated West Texas Intermediate (WTI) crude rose 26 cents to close at $79.60 per barrel.
Gold prices inched higher after today's inflation data. August-dated gold futures gained 0.4% to settle at $4,053.70 per ounce.
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