1.78%XLF 20.53 6.48%QQQQ 45.97 2.38%
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NEW YORK (AP) - Diversified financial-services companies' mostly closed higher on Wednesday as Wall Street got a boost from better-than-expected consumer data that alleviated some fears about inflation.
The Labor Department reported that consumer prices advanced 0.2 percent in April after rising 0.3 percent in March, although the data reflected the largest jump in food prices in 18 years.
Where some diversified financial companies' shares closed on Wednesday:
Citigroup Inc., up 22 cents to $23.25.
Bank of America Corp., up 19 cents to $36.80.
JPMorgan Chase & Co., up 43 cents to $45.91.
Bucking the trend, CIT Group Inc. shares fell 31 cents, or 2.7 percent, to $11.41.
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