India, June 11 -- After ending the previous session mostly higher, stocks have seen some further upside during trading on Wednesday. While buying interest is somewhat subdued, the major averages have all reached their best intraday levels in over three months.
Currently, the major averages are posting modest gains. The Dow is up 177.03 points or 0.4 percent at 43,043.90, the Nasdaq is up 63.45 points or 0.3 percent at 19,778.45 and the S&P 500 is up 16.48 points or 0.3 percent at 6,055.29.
The strength on Wall Street comes following the release of a closely watched Labor Department report showing U.S. consumer prices increased by slightly less than expected in the month of May.
The Labor Department said its consumer price index inched up...