Wall Street Closes Higher

The "S&P 500" and "NASDAQ" indices reached their highest closing levels in 14 months on Tuesday, following data that showed a slight rise in consumer prices in May. U.S. stocks rose after a report from the Labor Department indicated that the Consumer Price Index increased by 0.1%, following a jump of 0.4% in April, with core inflation remaining unchanged at 0.4%. According to preliminary data, the "S&P 500" index rose by 0.69%, while the "NASDAQ" composite rose by 0.83%. The "Dow Jones" industrial average increased by 0.43%.