The good news on inflation continues, with producer prices falling 0.5{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} in March, the Bureau of Labor Statistics reported on Thursday. The number was considerably better than the flat reading expected, while the annual rate fell to 2.7{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} from the revised 4.9{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} of a month earlier. Economists had predicted a […]

U.S. stocks rallied on Friday, rounding out a big end to the week, while bond yields retreated slightly from their recent march. At the close, the S&P 500 (^GSPC) surged 1.6{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, while the Dow Jones Industrial Average (^DJI) increased 1.1{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}. Contracts on the technology-heavy Nasdaq Composite (^IXIC) jumped nearly 2{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}. […]