S&P 500, Nasdaq end higher on soft inflation data


The Dow fell 269.67 points, or 0.64%, to 42,140.43, the S&P 500 gained 42.36 points, or 0.72%, to 5,886.55 and the Nasdaq gained 301.74 points, or 1.61%, to 19,010.09.

NEW YORK: The S&P 500 and the Nasdaq closed higher on Tuesday for a second straight day after softer-than-expected inflation numbers added to investor optimism from Monday when the US and China announced a trade truce.

The Dow fell, however, with its biggest drag a 17.8% slide in shares of UnitedHealth after the insurance bellwether suspended its annual forecast and its CEO stepped down.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business

Ringgit to trade in tight range between RM3.95 and RM3.96 next week
McDonald’s Malaysia to invest RM1bil over five years, open 100 restaurants
Nestle Malaysia and UPM Launch Halal@STEM Programme for Students
Building adaptation –the way forward
Youths say no to home buying
The festive cash tsunami
Creador Foundation, Censuria make strategic investments in local cafe chain Hock Kee Kopitiam
US policy boosts Singapore banks
Credibility is Malaysia’s 2026 test
Indonesia’s MSCI debacle

Others Also Read