U.S. stocks close higher after latest inflation data

NEW YORK, Sept. 12 (Xinhua) -- U.S. stocks ended higher on Thursday, as investors evaluated new inflation and labor data against growing expectations for a quarter-point rate cut from the Federal Reserve next week.

The Dow Jones Industrial Average rose 235.06 points, or 0.58 percent, to 41,096.77. The S&P 500 added 41.63 points, or 0.75 percent, to 5,595.76. The Nasdaq Composite Index increased 174.15 points, or