Major U.S. indices closed lower on Tuesday, with the Dow Jones Industrial Average falling 0.34% to 53,791.85, the S&P 500 declining 0.32% to 7,728.20 and the Nasdaq dropping 0.6% to 26,445.44.
The July Consumer Price Index figures are expected on Wednesday.
July CPI was expected to rebound 0.1% month over month after June’s 0.4% decline, while the annual inflation rate was forecast to ease to 3.4% from 3.5%.
Economist Jai Kedia expected inflation to come in worse than June, potentially keeping the risk of a Fed rate hike alive.
These are the top stocks that gained the attention of retail traders and investors through the day: CoreWeave Inc.
