U.S. stocks close higher amid easing inflation
NEW YORK, June 13 (Xinhua) -- U.S. stocks edged higher on Tuesday after May inflation data added to investor optimism that the Federal Reserve will skip a rate hike on Wednesday.
The Dow Jones Industrial Average rose 145.79 points, or 0.43 percent, to 34,212.12. The S&P 500 added 30.08 points, or 0.69 percent, to 4,369.01. The Nasdaq Composite Index increased 111.40 points, or 0.83 percent, to 13,573.32.