The Dow Jones Industrial Average rose 150.91 points, or 0.29 per cent, to 52,659.18. Read more at straitstimes.com. Read more at straitstimes.com.

Stocks are holding steadier after a report showed US inflation was not as bad last month as economists expected.

Stocks held steady after a report showed US inflation was not as bad last month as economists expected.

Wall Street closed higher as softer US producer inflation and strong early Q2 earnings boosted sentiment. PayPal surged on a reported buyout offer, while BlackRock and Morgan…