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    Home»Stock Market»Nasdaq, S&P 500, rebound as inflation data calms investor nerves
    Stock Market

    Nasdaq, S&P 500, rebound as inflation data calms investor nerves

    March 12, 20251 Min Read


    Falling gasoline prices contributed to cooler-than-expected inflation in February.

    The gasoline index declined 1% last month, compared to a rise of 1.8% in the prior month, according to data from the Bureau of Labor Statistics released on Wednesday.

    On an annualized basis gasoline prices decreased 3.1%.

    On Wednesday, the national price of gasoline hovered at $3.08 per gallon, about $0.07 lower than a month ago, according to AAA data.

    Despite the decrease in gas prices, the energy index rose 0.2% over the month as electricity and natural gas prices rose.

    While oil prices have declined year to date, natural gas has soared amid a colder-than-expected winter and increasing exports.



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