S&P 500 Snaps 4-Day Losing Streak. CPI Puts Market in Rally Mode.

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The stock market endured some midday turbulence, but closed solidly higher in the wake of the November consumer price index.

The Dow Jones Industrial Average rose 67 points, or 0.1%. The S&P 500 was up 0.8%. The Nasdaq Composite was up 1.4%. The S&P and Dow each snapped four-day losing streaks.

The S&P slid on multiple occasions, but the index managed to hold onto a solid portion of its gains in the end. The Dow also turned lower around noon ET before closing higher.