RECAP
Stocks rose Wednesday, one day after hotter-than-expected inflation data Tuesday dashed hopes that the Federal Reserve will soon pivot to cutting U.S. interest rates.
The $S&P 500 Index (.SPX.US)$ advanced 47.4 points (1%) to close at 5,000.52, while the $Dow Jones Industrial Average (.DJI.US)$ added 151.52 points (0.4%) to end at 38,424.27.
Meanwhile, the $Nasdaq Composite Index (.IXIC.US)$ gained 203.6 ticks (1.3%)...