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The Dow Jones Industrial Average closed just below the flatline Tuesday as investors struggled to regain some positive momentum ahead of the release of key U.S. inflation data.
The 30-stock index let go of 9.13 points to 38,883.67.
The S&P 500 pointed higher 7.52 points to 5,209.91.
The NASDAQ surged 52.68 points to 16,306.64.
Chipmaker Nvidia dropped 2%. Other mega-cap tech names were also negative for the day, with Meta down 0.5% and Netflix down 1.6%.
The March consumer price index report is slated for release Wednesday at 8:30 a.m. ET. Economists surveyed by Dow Jones expect inflation to have increased 0.3% in March on a month-over-month basis.
Prices for the 10-year Treasury gained ground, lowering yields to 4.36% from Monday’s 4.42%. Treasury prices and yields move in opposite directions.
Oil prices faltered $1.10 to $85.33 U.S. a barrel.
Gold prices jumped $20.90 to $2,371.900 U.S. an ounce.
