Mumbai, Sept. 10 -- The Dow increased 196.39 points or 0.4 percent to 45,711.34, the Nasdaq climbed 80.79 points or 0.4 percent to 21,879.49 and the S&P 500 rose 17.46 points or 0.3 percent to 6,512.61.

The Labor Department is scheduled to release reports on producer price inflation and consumer price inflation. The annual rate of growth by consumer prices is expected to accelerate to 2.9 percent in August from 2.7 percent in July while the annual rate of growth by core consumer prices, which exclude food and energy prices, is expected to hold at 3.1 percent. Ahead of the data, CME Group's FedWatch Tool is currently indicating a 91.8 percent chance the Fed will lower rates by a quarter point and a slim 8.2 percent chance of a half-point ...