Summary: US inflation data showed a slower-than-expected increase in April, easing concerns about rising prices and boosting global equities. The S&P 500 and Nasdaq rose, while the Dow fell slightly. The dollar weakened against major currencies, and crude oil prices rose on the temporary US-China tariff cut.

Link: https://www.channelnewsasia.com/business/us-inflation-data-lifts-global-equities-dollar-falls-5128281