NEW YORK, June 14 (UPI) -- U.S. markets bounced early Tuesday as government data on producer prices and retail sales came in close to expectations.
Producer prices, a basic measure of inflation, rose 0.2 percent in May compared to April, as expected. Retail sales in May fell 0.2 percent, which was less than the consensus forecast that called for a 0.6 percent drop.
In midmorning trading on Wall Street, the Dow Jones industrial average added 130.21 points or 1.09 percent to 12,083.20. The Standard & Poor's 500 index added 15.67 or 1.23 percent to 1,287.50. The Nasdaq composite index gained 37.35 or 1.41 percent to 2,677.04.
The benchmark 10-year treasury note lost 22/32 to yield 3.07 percent.
The euro rose to $1.4479 from Monday's $1.4413. Against the yen, the dollar rose to 80.5545 yen from Monday's 80.24 yen.
In Tokyo, the Nikkei 225 index gained 1.05 percent, 99.58, to 9,547.79.
