S&P 500, Nasdaq rise after inflation data, Boeing weighs on Dow

The DowJones Industrial Average fell 96.22 points, or 0.38 percent, to 25,554.66, the S&P 500 gained 8.22 points, or 0.30 percent, to 2,791.52 and the Nasdaq Composite added 32.97 points, or 0.44 percent, to 7,591.03.

The S&P 500 and Nasdaq rose on Tuesday after tame inflation data underscored the Federal Reserve’s dovish stance on rate hikes, but the Dow ended down as Boeing’s shares sank for a second day after one of its planes crashed in Ethiopia.

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Posted in: Indian Market Tips