NEW YORK — Stocks are edging higher on a calmer Wall Street after a report showed U.S. inflation was not as bad last month as economists expected.
The gains early Tuesday came even though oil prices continue to jump on worries that the United States and Iran may return to all-out war. The S&P 500 added 0.2 per cent.
The Dow Jones Industrial Average slipped 75 points, and the Nasdaq composite climbed 0.5 per cent.
Stocks got a lift from easing yields in the bond market, which fell after a report said U.S. consumer prices were 3.5 per cent higher than a year earlier last month.
