Stock indexes closed up across the board after the CPI climbed less than anticipated. The DJIA added +66.20 points to 12,898.38, the S&P500 climbed +5.62 points to 1408.66 and the NASDAQ advanced +1.57 to 2496.69.
The Volatility Index $VIX which measures the cost of insuring against losses in the S&P500 fell to a new yearly low of 16.20.
Crude oil gave back 1.24% to 124.24 on rising supply estimates.
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