U.S. stocks achieve strong gains after the opening bell.

U.S. stock indices achieved a stronger rise after the opening bell for the Wednesday session, supported by the U.S. inflation report which showed a slowdown in price levels growth at a larger pace than expected during February.

This data contributed to strengthening expectations that inflationary pressures may ease in the upcoming period, which could prompt the U.S. Federal Reserve to continue lowering interest rates again.

On the other hand, U.S. stocks found support from diminishing investor fears regarding the health of economic activity in the United States and a calming of concerns about the economy slipping towards the brink of stagflation, which positively affected the performance of American stocks after the opening.

Following the start of the session, the Dow Jones Industrial Average recorded an increase of about 41,548.69 points, rising by approximately 115 points, while the Nasdaq composite index was trading near the level of 17,775.06 points, marking an increase of around 338.97 points. The S&P 500 index also jumped by about 1.11% to 5,634.14 points.