[theold]

Wall Street surged to its best day since April 2020 as markets cheered a government report that inflation cooled more than expected last month.

The S&P 500 closed 5.5 per cent higher, and the encouraging data also sent prices leaping in markets for everything from metals to European stocks. Even Bitcoin clawed back some of its steep plunge from prior days caused by the crypto industry’s latest crisis of confidence.

https://www.smh.com.au/business/markets/...5bxch.html