[unable to retrieve full-text content]S&P 500 Runs Out of Steam Amid Stagflation Chatter: Markets Wrap Yahoo Finance Source link
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US stocks lose steam as earnings surge flows in
US stocks, which initially moved higher in early trading on Tuesday, wobbled later in the session as investors continued to debate the possibility of interest rate cuts ahead of a fresh batch of quarterly results. By midday trading, the S&P 500 (^GSPC) traded flat, while the tech-heavy Nasdaq Composite (^IXIC) dipped roughly 0.4%. The Dow Jones Industrial Average (^DJI), which initially opened flat, climbed about 0.2%. A rally in stocks hit the buffers on Monday as the market took on Fed Chair… Source link
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