Financial Times FT.com

Wall St rises after benign inflation data

By Anuj Gangahar in New York

Published: May 14 2008 14:12 | Last updated: May 14 2008 21:31

US stocks ended the day in positive territory on Wednesday as investors responded to relatively benign inflation data and digested better-than-expected earnings reports from Macy’s and Freddie Mac.

Stocks moved steadily lower in the course of afternoon trade but all three leading indexes ended the day up.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this