Crude Oil Gains 3%; US Inflation Eases In April
1. S&P 500 gained 0.86% amid mixed trading in U.S. stocks. 2. U.S. inflation rate eased to 2.3%, below expectations. 3. Information technology shares rose 2.3%, healthcare fell 2.5%. 4. Oil prices increased by 2.9% to $63.75 per barrel. 5. European and Asian markets closed mostly higher.