U.S. stocks close higher on upbeat inflation data

4:30 pm ET May 11, 2007

DJIA

13,326

+111.09

S&P

1,505

+14.38

NASDAQ

2,562

+28.48

10Yr

4.67%

+0.022

U.S. stocks close higher on upbeat inflation data

NEW YORK
U.S. stocks closed higher on the day and mixed on the week Friday, after
upbeat news on wholesale inflation and weak retail sales lifted hopes
that the Federal Reserve will eventually cut interest rates to boost a
slowing economy.