Home / Market Update / Global Stock Market / Wall Street Mixed Following Inflation Data and Vaccine News

Wall Street Mixed Following Inflation Data and Vaccine News

The New York Stock Exchange (NYSE) is showing a mixed performance on Tuesday, following the release of inflation data for March and halting the distribution of the Johnson & Johnson coronavirus single-dose vaccine.

The Dow Jones Industrial Average gave up a record high ad decline by around 0.26% to 33,660 points.

Meanwhile, the S&P 500 and the Nasdaq Composite indices rose by 0.17% and 0.63%, respectively, supported by the tech sector gains.

Earlier today, data showed an increase in the consumer price index (CPI) by 1.6% on an annual basis, registering its highest increase in about eight and a half years.

Check Also

Gold rallies after US labour data

Spot gold is up 1.16%, trading at $238460, and gold futures are up 1.20%, trading …