US STOCKS-Nasdaq leads gains on Wall St on signs of easing inflation

April headline CPI rises at an annual rate of 4.9% * Occidental slips as Q1 profit misses estimates * Airbnb drops on weak bookings forecast * Indexes: Nasdaq up 0.57%, S&P flat, Dow down 0.41% By Shreyashi Sanyal and Shristi Achar A May 10 (Reuters) - The Nasdaq led gains among Wall Street's main indexes on Wednesday as a slightly lower-than-expected increase in inflation last month indicated that the Federal Reserve's rapid interest rate hikes were yielding result. The U.S Treasury yields fell while the Nasdaq jumped as much as 1.17% to its highest intraday level in more than eight…

by cassandramascorr
25 de dezembro de 2023
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