U.S. stocks are rising after inflation data boosts hopes for Fed pause
By Liz Moyer Investing.com -- U.S. stocks were rising after a key inflation reading came in softer than expected. At 10:40 ET (14:40 GMT), the Dow Jones Industrial Average was up 160 points or 0.5%, while the S&P 500 was up 0.6% and the NASDAQ Composite was up 0.8%. The Commerce Department's infl...