Wall Street today: US stocks climb after inflation data, robust bank earnings
Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones Industrial Average rose 409.5 points, or 0.96%, to 42,927.76. The S&P 500 rose 62.3 points, or 1.07%, to 5,905.21, while the Nasdaq Composite rose 305.9 points, or 1.61%, to 19,350.313.