U.S. stocks end mostly higher in choppy trade after CPI report shows inflation eased in April

U.S. stock indexes ended mostly higher after volatile trading on Wednesday after data showed April U.S. consumer price inflation cooled to the lowest annual rate in two years, though core inflation, excluding food and energy prices, remained high.

How stock-indexes traded

On Tuesday, the Dow Jones Industrial Average fell 57 points, or 0.17%, to 33,562, the S&P 500 declined 19 points, or 0.46%, to 4,119, and the Nasdaq Composite dropped 77 points, or 0.63%, to 12,180.

What drove markets

The…