US stocks rose as September's wholesale price data showed cooling inflation.
The producer price index was flat, and core PPI rose less than expected in September.
AdvertisementUS stocks edged higher on Friday after Producer Price Index data for September came in lower than expected, signaling a continued cooling of wholesale inflation.
The producer price index was flat month-over-month, below economist estimates of a 0.
1% rise.
Apart from earnings results, retail sales data, set to be released on October 17, is the next big data release for investors to watch.
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