Markets on the Mend, but Inflation Fears Remain a Stubborn Companion The US stock market's recent rally may be a welcome respite for investors, but inflation concerns continue to simmer beneath the surface.
The Dow Jones Industrial Average and S&P 500 experienced mild gains Thursday, largely driven by softer than expected inflation data from the Producer Price Index (PPI), which tracks prices from the sellers' perspective.
The latest PPI reading showed a slowdown in both monthly and annual price appreciation, but it's unlikely to put investors entirely at ease.