US equity markets up strongly on Wednesday, driven by a lower-than-expected consumer inflation print, and strong earnings released by the big financials. Dow up 703 points or 1.65%, the 30-stock index led by Goldman Sachs (up 6.02%), and American Express (up 3.98%).
The broader S&P500 closed up, 1.83% higher, having its best trading day since November, following the tame inflation report. Consumer Discretionary the top sector performers, up 3.02%.