Stocks Experience Volatility Ahead of Inflation Report

Reported 29 days ago

U.S. stock markets closed mixed on Tuesday amid volatile trading, with the S&P 500 and Nasdaq recovering from earlier losses thanks to tech gains, while the Dow closed slightly down. Investors await a crucial consumer inflation report that could influence future Federal Reserve interest rate policies, with market expectations for a significant rate cut increasing due to recent economic indicators. Meanwhile, oil prices also fell sharply as OPEC lowered its global demand growth forecasts.

Source: YAHOO

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