Mixed stock market close ahead of US CPI report, S&P 500 and Dow up, Nasdaq down.

From Nasdaq: 2025-01-14 18:11:33

Stocks closed mixed on Tuesday, with S&P 500 and Dow Jones up, while Nasdaq fell. Markets supported by potential trade tariff strategy to avert inflation spikes. Eli Lilly and Meta Platforms shares dropped on negative corporate news. Trump’s team considers gradual tariff hikes. Dec PPI weaker than expected, easing inflation concerns.

Markets await US CPI and retail sales reports. Earnings season kicks off with major banks reporting. Analysts predict 7.5% growth in S&P 500 earnings for Q4. Fed unlikely to cut rates at upcoming meeting. Overseas markets mixed. Interest rates steady. ECB unclear on rate cut. Bond yields rise, supply pressures loom.

Homebuilders and United Rentals gain in US stock market. Atlassian, Medtronic, A O Smith, and Eastman Chemical also up. Eli Lilly, tech stocks like Nvidia and Netflix, and Signet Jewelers among biggest losers. Charles River Labs, Perrigo Co, and Meta Platforms also down. Earnings reports scheduled for major banks.



Read more at Nasdaq: Stocks Settle Mixed Ahead of Wednesday’s US CPI Report