Stocks Rise on Tame Inflation Data

The Dow touched a new intraday high after the November consumer price index came in flat. Also in focus: industrial production

Major stock indexes finished modestly higher Friday, though off their best levels, as the Dow hit new all-time closing and intraday highs following a mild inflation report. Trading was heavy due to quadruple witching, when monthly stock and index option expirations coincide with the quarterly expiration of stock and index futures contracts, says Standard & Poor's Equity Research.

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