12:58 PM EDT, 08/13/2024 (MT Newswires) -- US equity indexes jumped while government bond yields declined after July's headline and core producer price inflation came in cooler than forecast. The Nasdaq Composite jumped 2% to 17,121.1, with the S&P 500 up 1.4% to 5,417.2 and the Dow Jones Industrial Average 0.8% higher at 39,681.3. All sectors except energy were in...

01:08 PM EDT, 08/13/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) gained 2.1%. US equity indexes jumped while government bond yields declined after July's headline and core producer price inflation came in cooler than forecast. Energy iShares US Energy ETF (IYE) fell 0.9% and Energy Select Sector...

Carvana Co ( CVNA ) shares are trading higher by 7.72% to $143.78 during Tuesday’s session, riding a wave of broader market enthusiasm sparked by a softer-than-expected Producer Price Index (PPI) report. The July PPI data, which showed only a 0.1% month-over-month increase—below the anticipated 0.2%—has intensified investor speculation that the Federal Reserve may implement a more aggressive interest rate...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * US producer prices rise less than expected in July * Starbucks ( SBUX ) up after naming Chipotle boss Brian Niccol as CEO * BuzzFeed ( BZFD ) jumps on smaller Q2 loss * Indexes up: Dow 0.54%, S&P...