Dow rises 535 points as investors celebrate positive economic indicator

Aug. 10 (UPI) — U.S. markets surged on Wednesday as investors took in a key economic gauge that showed inflation has begun to decline.

The Dow Jones Industrial Average closed the day up 535.10 points, or 1.63%, while the S&P 500 climbed 2.13% and the Nasdaq Composite gained 2.89%.

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