U.S. Markets Gain as Inflation Data Surprises and Treasury Yields Ease

Producer Price Index showed slower-than-expected inflation growth, boosting stocks and calming bond markets.

The U.S. Producer Price Index (PPI) for December rose 0.2%, below expectations, with annual growth at 3.3%, easing inflation concerns.
Core wholesale inflation remained flat for December, with an annual increase of 3.5%, also below forecasts.
Major indexes saw gains, with the Dow Jones up 0.5%, the S&P 500 rising 0.6%, and the Nasdaq climbing 0.9% in early trading.
Treasury yields dipped slightly after reaching recent highs, while oil prices stabilized near $78 per barrel.
Tech stocks like Nvidia and Tesla rebounded, with Nvidia up 2.1% and Tesla gaining 4%, following recent losses.