Stocks Rise Despite Hot Producer Inflation, Intel Soars, Bitcoin Drops Below $96,000: What’s Driving Markets Thursday? – American Electric Power (NASDAQ:AEP)

Stocks Rise Despite Hot Producer Inflation, Intel Soars, Bitcoin Drops Below ,000: What’s Driving Markets Thursday? – American Electric Power (NASDAQ:AEP)

Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns over persistent inflationary pressures.

Despite the hotter-than-expected PPI reading—up 3.5% year-over-year…

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https://www.benzinga.com/economics/macro-economic-events/25/02/43708650/stocks-rise-despite-hot-producer-inflation-intel-soars-bitcoin-drops-below-96000-whats-driving-markets-thursday