U.S. stocks close mixed as PPI data eases inflation concerns
NEW YORK, Jan. 14 (Xinhua) -- U.S. stocks ended mixed on Tuesday, after the lower-than-expected U.S. producer price index (PPI) data offered temporary relief to investors concerned about persistent inflation.
The Dow Jones Industrial Average rose 221.16 points, or 0.52 percent, to 42,518.28. The S&P 500 added 6.69 points, or 0.11 percent, to 5,842.91. The Nasdaq Composite Index shed 43.71 points, or 0.23 percent