U.S. stocks close mixed after June CPI report


NEW YORK, July 15 (Xinhua) -- U.S. stocks ended mixed on Tuesday as investors digested fresh inflation data and a wave of earnings reports from major financial institutions.

The Dow Jones Industrial Average dropped 436.36 points, or 0.98 percent, to close at 44,023.29. The S&P 500 fell 24.8 points, or 0.4 percent, to 6,243.76. In contrast, the Nasdaq Composite rose 37.47 points, or 0.18 percent, to 20,677.8, marking a new all-time closing high.

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