Stocks rise broadly, Delta leads gains in travel companies

Published April 13, 2022 11:16 AM

By DAMIAN J. TROISE
AP Business Writer

NEW YORK (AP) — Stocks rose in afternoon trading on Wall Street Wednesday as investors reviewed the latest round of corporate earnings and an upbeat report from Delta Air Lines that bodes well for the travel industry. The S&P 500 rose 1%, the Dow Jones Industrial Average rose 0.8% and the Nasdaq rose 1.9%. Travel-related companies had some of the biggest gains and technology stocks also gained ground. The S&P 500 is coming off three straight losses brought on by persistent worries about inflation. Surging energy costs pushed wholesale prices up a record 11.2% last month from a year earlier.

Article Topic Follows: AP National Business

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