Nasdaq Leads Stock Rally As Investors Dismiss Hot Inflation Data
US stocks rose even as consumer inflation soared to its highest level since 1981. Ticker Security Last change% I: DJI DOW JONES AVERAGES 34583.1 +275.02 + 0.80% SP500 S&P 500 4452.97 +40.44 + 0.92% I: COMP NASDAQ COMPOSITE INDEX. + 16975% +512571. The consumer price index rose 8.5% in March from a year earlier, according to a new Labor Department report released on Tuesday, the fastest rise since January 1982, when inflation reached 8....