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Wall Street rallies to higher close as inflation data feeds Fed pause hopes

All three major U.S. stock indexes surged more than 1%, with interest rate sensitive megacaps including Apple Inc (AAPL.O), Microsoft Corp (MSFT.O) and Amazon.com (AMZN.O) providing the most upside muscle and pushing the tech-heavy Nasdaq up nearly 2% to its biggest one-day percentage jump in nearly a month. ....

New York , United States , David Carter , Damien Schmitz , Gina Goetter , Jiri Ponrt , Jpmorgan Private Bank , Delta Air Lines Inc , Market Committee , Apple Inc , Harley Davidson Inc , Microsoft Corp , Groupon Inc , Jpmorgan Chase Co , Wells Fargo Co , Netflix Inc , Federal Reserve , Wall Street , Consumer Price Index , Federal Open Market Committee , Private Bank , Wells Fargo , Dow Jones Industrial Average , Nasdaq Composite , Air Lines Inc , Chief Financial Officer Gina Goetter ,