On April 14, 2023, the Dow Jones Index Close Thursday (April 13) rose 383 points after the US revealed lower-than-expected producer price index (PPI) and the number of unemployment claims rose more than expected. Causing investors to speculate that the US Federal Reserve (Fed) will begin to slow down on raising interest rates.
The Dow Jones Industrial Average rose 383.19 points, or 0.14%, to close at 34,029.69, the S&P 500 rose 54.27 points, or 1.33%, to close at 4,146.22, and the Nasdaq rose 236.93 points, or 1.99%, to close at 12,166.27. point
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