By Josh White
Date: Tuesday 13 May 2025
(Sharecast News) - Wall Street closed mixed on Tuesday as investors digested a weaker-than-expected US inflation report that revived hopes of interest rate cuts later this year.
The Dow Jones Industrial Average slipped 0.64% to 42,140.43, while the S&P 500 climbed 0.72% to 5,886.55, and the tech-heavy Nasdaq Composite advanced 1.61%...
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