Reported 30 days ago
US stocks closed mixed on Tuesday as investors anticipated a crucial consumer inflation report impacting future Federal Reserve interest rates. The S&P 500 climbed about 0.5% and the tech-heavy Nasdaq Composite rose nearly 0.9%, while the Dow Jones fell around 0.2%. JPMorgan's warning on net interest income affected the Dow negatively. Meanwhile, oil prices plummeted after OPEC lowered its demand growth forecasts, and market volatility continues as the first presidential debate approaches.
Source: YAHOO