US equities mostly rose on Tuesday following benign consumer price inflation data.
The Consumer Price Index (CPI) fell to 2.3% in April from a year ago, down from 2.4% in March.
At 10:48 AM EDT, the Dow Jones Industrial Average fell 0.36%, the S&P 500 gained 0.66%, and the Nasdaq Composite rose 1.30%.
At 09:38 a.m., the Dow Jones Industrial Average fell 149.69 points, or 0.38%, to 42,260.41, the S&P 500 gained 12.03 points, or 0.21%, to 5,856.22, and the Nasdaq Composite gained 106.92 points, or 0.57%, to 18,815.27.
On Monday, the US stock indices jumped about 3% or more after the United States and China agreed to cut tariffs on each other for a 90-day period.
Gainers and Losers
Shares of UnitedHealth Group tumbled 12.3% after announcing that Andrew Witty was stepping down as CEO. The company also suspended its 2025 outlook, citing higher than expected costs.
Among megacap stocks, Nvidia and Amazon.com surged more than 2.3% each.
Crypto exchange operator Coinbase Global jumped 15%.
