US September CPI Slightly Below Expectations, Major US Stock Indices Open Higher
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ChainCatcher news, according to Golden Ten Data, at the opening of the US stock market, the Dow Jones Industrial Average rose 0.54%, the S&P 500 Index rose 0.7%, and the Nasdaq Composite Index rose 0.86%. Intel (INTC.O) opened up 6.8%. Its overnight financial report showed the company turned profitable in the third quarter, revenue returned to growth, and it issued an optimistic revenue outlook. Procter & Gamble (PG.N) rose 3.5%, as the company's first fiscal quarter results exceeded expectations.
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