According to Reuters and market coverage from several outlets, U.S. stocks closed higher yesterday, with the **S and P five hundred** up **fifty point four nine points**, or **zero point six five percent**, at **seven thousand seven hundred ninety eight point ninety nine**, the **Dow Jones Industrial Average** up **sixty nine point seven two points**, or **zero point one three percent**, at **fifty three thousand eight hundred thirty nine point ninety nine**, and the **Nasdaq Composite** up **two hundred fourteen point five four points**, or **zero point eight one percent**, at **twenty six thousand eight hundred three point zero three**.[1][15][19] According to Reuters, the main driver was softer than expected producer price inflation, which eased fears of another interest rate increase and lifted technology shares.[15] Reuters also reported that lower crude prices helped risk appetite, while coverage from CNBC and the Wall Street Journal noted gains in large technology names and semiconductor related stocks.[15][19][8]
According to market reports, the strongest areas were **technology** and **semiconductors**, while weaker areas included parts of **health care** and **defensive stocks**.[9][19] Notable movers included **Sandisk**, **Micron**, **Meta Platforms**, and **Workday** on the upside, while **Cisco Systems** and **UnitedHealth Group** were among the laggards mentioned in coverage.[9][19] According to Reuters, pre market futures were slightly higher, with Dow futures up about **zero point one percent** and S and P five hundred futures up about **zero point zero four percent**, while Nasdaq one hundred futures were slightly lower.[29]
According to CNBC and other market coverage, investors were also focused on incoming **retail sales** data and upcoming earnings, including **Applied Materials**.[5][18] For tomorrow, the main catalysts are more inflation and consumer demand signals, plus any further moves in oil prices and Treasury yields.[11][12] Thank you for tuning in, please subscribe, and this has been a quiet please production, for more check out quiet please dot ai.
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