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.

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