U.S. stock markets appeared to defy gravity Thursday morning, heading higher despite a global downturn.
With stocks lower in Asia and Europe, the Dow Jones industrial average was added 75.76 points or 0.61 points to 12,572.14.
The Nasdaq composite index gained 8.09 points or 0.29 percent to 2,826.70.
The Standard and Poor's 500 gained 6.65 points or 0.51 percent to 1,321.53.
The Bureau of Labor Statistics on Thursday said consumer prices for all items rose 1.7 percent in the past 12 months before seasonal adjustment.
In a separate report, the Labor Department said first-time unemployment benefit claims rose by 6,000 to 386,000 in the week ended Saturday.
The benchmark 10-year treasury note fell 7/32 to yield 1.618 percent.
The euro rose to $1.26 from Wednesday's $1.2557. Against the yen, the dollar fell to 79.34 yen from Wednesday's 79.48 yen.
In Tokyo, the Nikkei 225 index dropped 0.22 percent, 18.95 points, to 8,568.89.
