Updated: June 14, 2023

S&P 500, Nasdaq reach their highest closes in 14 months

June 14, 2023

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The S&P 500 and Nasdaq reached their highest closes in 14 months on Tuesday after data showed consumer prices rose modestly in May.

The Nasdaq Composite index rose 0.85 percent, the S&P 500 accelerated 0.7 percent and the Dow Jones Industrial Average added 0.45 percent.