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Wall Street higher as easing inflation worries outweigh Tillerson exit


By Sruthi Shankar(Reuters) - Wall Street's main indexes rose on Tuesday as fears of faster interest rate hikes eased after a tepid U.S. consumer prices data and investors shrugged off news of U.S. Secretary of State Rex Tillerson's ouster.U.S. President Donald Trump fired Tillerson on Tuesday after a series of public rifts over issues including North Korea and Russia, replacing his chief diplomat with loyalist CIA Director Mike Pompeo.U.S. futures initially fell on the news, but recovered all of the losses, with the Nasdaq opening at a record high."I don't think Tillerson out and his ...

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First Published: Tue, March 13 2018. 20:01 IST