Stocks closed solidly higher Tuesday, with the $Nasdaq Composite Index (.IXIC.US)$ and $Dow Jones Industrial Average (.DJI.US)$ both adding 400+ points as Wall Street liked Produce Price Index data that pointed to tame U.S. inflation that could open the door to Federal Reserve interest-rate cuts.
The Nasdaq added 407 points (2.4%) to close at 17,187.61, while the DJIA rose 408.63 ticks (1%) to 39,765.64. Meanwhile, the $S&P 500 Index (.SPX.US)$ gained 90...