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U.S. Stocks Move Mostly Higher Following Encouraging Inflation Data

April 13, 2023

Stocks have moved mostly higher in morning trading on Thursday, with the major averages moving back to the upside after ending yesterday’s extremely volatile session in negative territory. The tech-heavy Nasdaq has helped lead the advance.

In recent trading, the major averages have reached new highs for the session. The Nasdaq is up 161.80 points or 1.4 percent at 12,091.14, the S&P 500 is up 26.83 points or 0.7 percent at 4,118.78 and the Dow is up 124.72 points or 0.4 percent at 33,771.22.

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