Reply #42: Stocks mixed following slight rise in inflation

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http://hosted.ap.org/dynamic/stories/U/US_WALL_STREET?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-05-13-09-46-25

NEW YORK (AP) -- Stocks are poised to end the week with gains after a report showed that the cost of living rose slightly in April.

Consumer prices rose 0.4 percent in April, the Labor Department said. That was in line with economist's expectations. Most of the increases came in volatile food and energy prices. Stripping these out, inflation remains below what the Federal Reserve considers healthy.

Bond prices rose, suggesting that the report did not get investors worried about inflation.