Stock market speculators on Wall Street were pleased with yet another positive inflation report, which showed that last month's price increases in the producer sector were lower than analysts had feared. This was interpreted by investors as a sign that the central bank Federal Reserve will be more inclined to lower the interest rate later this year.
The IT giant Oracle rose sharply, among other things. The stock surged over 13 percent since the company reported higher profits and greater sales than expected last quarter. CEO Safra Catz said she also expected "significantly increased" sales next year.
The stock in the aircraft manufacturer Boeing, whose Dreamliner plane crashed in India on Thursday, fell 4.8 percent. The cause of the crash is not yet clear.
