US stocks rise on inflation news

US stocks resumed their advance on Wall Street today after New York’s Federal Reserve president said in a speech that US inflation was “quite moderate”.

US stocks rise on inflation news
Wed, 11 Jan, 2006 - 22:05

US stocks resumed their advance on Wall Street today after New York’s Federal Reserve president said in a speech that US inflation was “quite moderate”.

All three major indexes reached new highs for the second time this week.

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