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- US stocks rose Thursday, with the Dow Jones notching its biggest gain in a month.
- Investors cheered more signs of consumer strength and Arm's blowout IPO.
- The producer price index for August showed wholesale prices rising faster than expected.
US stocks rose on Thursday, with the Dow Jones surging 374 points, its largest gain in a month.
Strong sentiment was driven by a better-than-expected retail sales report. August retail sales saw a 0.6% increase, above expectations of a 0.1% climb. When excluding autos, sales rose 0.6%, against a 0.4% outlook.