edged sword. On one hand there is concern that the higher prices could cause the Federal Reserve to be more aggressive in raising interest rates," said Phil Flynn, senior market analyst at Alaron Trading Corp. in Chicago. "But on the other hand, the strong showing in consumer prices, coupled with some strong earnings, could put to rest some of the concerns that the economy is heading toward a soft patch," he said. The market jumped higher at the open, then trimmed gains. Yahoo Inc. rose 4.7 percent to 34.80 after posting a quarterly profit that beat Wall Street's estimates. Shares of rival Google Inc. rose 3.4 percent to $197.95. JPMorgan, one of the largest U.S. banks, reported quarterly earnings that were higher than Wall Street estimates. JP Morgan rose 1 percent to $35.31.
