Trading day: Inflation? Stocks don't care
Investors shrugged off a sharp rise in U.S. producer inflation and spike in bond yields on Wednesday to push the S&P 500 and Nasdaq to new highs, as they awaited the U.S.-China summit in Beijing between Presidents Donald Trump and Xi Jinping.
Investors shrugged off a sharp rise in U.S. producer inflation and spike in bond yields on Wednesday to push the S&P 500 and Nasdaq to new highs, as they awaited the U.S.-China summit in Beijing between Presidents Donald Trump and Xi Jinping.
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