Stocks Mixed, Tech Slides As Investor Caution Prevails Ahead of CPI Report: What’s Driving Markets Tuesday?

Published by

The picture on Wall Street is mixed Tuesday as the broader S&P 500 index experiences a slight dip, primarily due to tech’s lackluster performance. In contrast, small-cap and blue-chip stocks are edging higher. The tech sector is eagerly anticipating upcoming product releases, notably Apple Inc. (NASDAQ:AAPL)’s impending unveiling of the iPhone 15. Other sectors are treading cautiously ahead of the release of August inflation data, scheduled for Wednesday. Economists are forecasting an annual inflation rate increase from 3.2% to 3.6%, with core inflation (excluding energy and food) expected to …

Read More


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.