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As of 12:27 pm EST today, the U.S. stock market witnessed a strong rally, with all major indices posting gains during the mid day trading session. The inflation data released for December 2024 has been perceived positively by the market with the indices rising.
The S&P 500 climbed to 5,930.98, marking an increase of 1.51%. Tech-heavy indices led the charge, as the NASDAQ 100 surged to 21,147.65, reflecting a gain of 1.88%.
NASDAQ Composite also advanced significantly, reaching 19,417.26, posting a gain of 1.96%. Meanwhile, the Dow Jones Industrial Average showed robust performance, rising to 43,135.74, marking a positive percentage increase of 1.45%.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.