The stock market’s rally continued on Tuesday after the consumer price index for April was better than feared despite headaches caused by the White House’s on-again-off-again tariff policy.
The S&P 500 was up 0.1%. The Nasdaq Composite was up 0.3%. The Dow Jones Industrial Average was down 151 points, or 0.4%, but a majority of its members were rising; a double-digit decline for UnitedHealth Group shaved 250 points off the Dow to start the day.
The yield on the 2-year Treasury note was down to 3.98%, while the 10-year yield was down to 4.46%.