U.S. Stocks Rise as Soft Inflation Fuels Hope For Rate Cuts

The U.S. stock market saw modest gains on Tuesday as easing inflation expectations raised hopes for a Federal Reserve rate cut. After an early morning decline, the Dow Jones Industrial Average edged up by 0.17%, or 70 points, while the S&P 500 and Nasdaq both climbed 0.35%. Traders are anticipating lower interest rates following last month’s soft Consumer Price Index (CPI) readings.