U.S. stock indexes finished mostly lower after trading in a narrow range on Tuesday as investors awaited key inflation data that could determine whether the Federal Reserve will once again raise interest rates at its meeting in May. The Dow Jones Industrial Average DJIA, +0.29% advanced 98 points, or 0.3%, to end at 33,685, while the S&P 500 SPX, -0.00% ended nearly flat and the Nasdaq Composite COMP, -0.43% shed 0.4%.
The March CPI reading from the Bureau of Labor Statistics, is expected to show a 5.1% rise from a year earlier, slowing from a 6% year-over-year rise in the previous month, according to a survey of economists by Dow Jones. Core CPI, which strips out volatile food and fuel costs, is expected to rise 0.4% from a month ago, or 5.6% year over year. The latest Federal Open Market Committee Monetary Policy Meeting minutes are also due out on Wednesday.
It’s really not a indicator anymore.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market news today: S&P 500 falls after jobs reportUS stocks fall as investors weigh how Friday's jobs data will impact the Fed's next rate decision stocks didn't 'fall', they were UP!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market analysis: 20 stocks make up nearly all S&P 500 gains this yearJust 20 stocks on the S&P 500 are responsible for nearly all its gains this year as Big Tech leads rally
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: Daily_Forex - 🏆 567. / 51 Read more »