Dow Rises 31 oil Hones of Rate Cat
NFVV YORK. April 11ÛÓÛªWall Street investors dashed into the stock market today after news that priors at tlie wholesale level eased in March boosted optimism about a cut in interest rates.</br></br>The Dow Jones industrial average closed up 30.95 points at 2905.45. New York Stock Exchange volume was active at 197 million shares. Advancing issues led declining ones by a ratio of more Ilian 2 to 1.</br></br>The producer price index fell 0.3 percent in March, the fourth monthly decline, the Labor Department said. It said prices moderated on a broad front, led by a sharp fall in energy costs.</br></br>"The market wants to believe that interest rates will be cut again,ÛªÛª said Robert Stovall of Stovall/21st Securities.</br></br>Investors were also betting that if FridayÛªs consumer price index is soft, a cut in interest rates could come before the weekend.