💨 Abstract

stocks mostly declined on Tuesday as inflation rose to 2.7%, casting doubt on immediate interest rate cuts. The S&P 500 and Dow Jones fell 0.4% and 1%, respectively, while the Nasdaq composite, boosted by Nvidia, rose 0.2% to a new record. Smaller companies, tracked by the Russell 2000, saw a 2% drop.

Courtesy: WTOP Staff