Dow Jones Dip, S&P 500 And Nasdaq Rise After Inflation Data
2025-05-13 15:23:00 ET
Summary
- The S&P 500 and Nasdaq rose on Tuesday as investors analyzed new inflation data and considered what it might mean for monetary policy.
- With over 90% of S&P 500 companies having reported earnings, investors now await Walmart's results, expected later this week.
- The index now trades above both the 100 and 200-MAs for the first time since February 27, 2025, in what could be seen as an ominous sign.
By Zain Vawda
The S&P 500 and Nasdaq rose on Tuesday as investors analyzed new inflation data and considered what it might mean for monetary policy. The Dow Jones was however down as much as 318 points before a slight recovery left the index trading 180 points down from its daily high at the time of writing....
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