by Alexandra Canal and Karen Friar
Yahoo! Finance
US stocks closed mixed after a bouncy (and uneventful) trading session on Tuesday. The moves come as investors bide their time until a key inflation report lands and potentially sheds light on the path of interest rates.
The Dow Jones Industrial Average hugged the flatline while the tech-heavy Nasdaq Composite edged up about 0.3%. The benchmark S&P 500 climbed more than 0.1%.
Stocks have become marooned ahead of the release of the Consumer Price Index on Wednesday, seen as a pivotal point for a market facing a slower next leg higher after a strong first quarter.