US Stocks Rise Modestly as Producer Prices Miss Expectations
U.S. stock markets opened with slight gains on Thursday, following a smaller-than-expected rise in producer prices for March. The Dow Jones Industrial Average and S&P 500 posted marginal rallies, while the Nasdaq Composite showed a steeper rise. Investor confidence was boosted by the latest producer price index (PPI) data, which revealed a 0.2% increase from…