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Markets Now: Dow Gains 180 Points as Inflation Doesn't Bring End of the World

The S&P 500 has gained 1.2% to 2694.06, while the Dow Jones Industrial Average has risen 179.09 points, or 0.7%, to 24,819.54. The Nasdaq Composite has climbed 1.6% to 7127.20. The S&P 500 has gained 0.4%, to 2672.92, while the Dow Jones Industrial Average has edged up 23.37 points, or 0.1%, to 24,663.82.