NEW YORK - Apple and other tech shares led US equities higher on April 11, following mixed inflation data and a European Central Bank decision that signalled a possible imminent interest rate cut.

US wholesale inflation rose by 0.2 per cent in March, a bit less than expected. However, on an annual level the index for final demand increased 2.1 per cent for the 12 months ending in March – its highest level since April 2023.