Dow Turns Positive

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The Dow Jones Industrial Average turned positive in midday trading on Tuesday.

The Dow was up 80 points, or 0.2%, while the S&P 500 index was down 0.2%. The Nasdaq Composite was lagging behind with a decline of 0.5%.

A disappointing report and outlook from Oracle (ticker: ORCL) poured some cold water on artificial intelligence enthusiasm. Apple (AAPL) stock was also down 1.3% ahead of its September product event.

Traders are in a bit of a holding pattern ahead of Wednesday’s release of the consumer-price index for August. The reading may not sway the Federal Reserve ahead of its September meeting, but it will likely set the tone in the ensuing weeks as the central bank weighs its next steps in its battle with inflation.