U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 200 points on Tuesday.
The Dow traded down 0.60% to 49,293.33 while the NASDAQ gained 0.17% to 23,773.29. The S&P 500 also fell, dropping, 0.08% to 6,971.95.
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Leading and Lagging Sectors
Energy shares gained by 1.4% on Tuesday.
In trading on Tuesday, financial stocks dipped by 1.8%.
Top Headline
Inflation held steady in December, with fresh data showing price pressures remained firm above the Fed’s 2% target but failed to accelerate into year-end.
The Consumer Price Index rose 2.7% year over year in December, according to data released Tuesday by the Bureau of Labor Statistics. The reading matched economist expectations and was unchanged from November. On a monthly basis, consumer prices increased 0.3%, also in line with forecasts.
Equities Trading UP