U.S. stocks ended lower Tuesday, giving up early gains inspired by a softer-than-expected August inflation reading, as investors fretted that underlying price pressures may still prove persistent.
On Monday, the Dow jumped 262 points, or 0.8%, to end at 34869, ending a five-session losing run. The S&P 500 rose 10 points, or 0.2%, to 4468, while the Nasdaq Composite slipped 10 points, or 0.1%, to 15,105.
Investors digested fresh inflation data ahead of the Federal Reserve’s policy meeting next week, with stocks falling after initially moving higher on the U.S. government....More>>>