U.S. stocks are experiencing an upward trend on Tuesday, buoyed by positive inflation data. Investors are closely monitoring the market as they navigate the current economic environment.

The S&P 500 has seen a slight increase of 0.1% in late trading, with three out of four stocks in the index showing gains. Meanwhile, the Dow Jones Industrial Average has gained 164 points, or 0.4%, as the trading day approaches its conclusion.

However, the overall market performance is being impacted by declines in significant stocks, particularly Eli Lilly, which is influencing broader index movements. In contrast, the Nasdaq composite has experienced a minor decrease of 0.1%.

📎 Related coverage from: apnews.com