Dow Edges Up as Oil Prices Rebound Amid Inflation Concerns
On Tuesday, August 11, Wall Street traded cautiously as investors weighed easing oil-market pressure against fresh concerns over inflation and interest rates.
The Dow Jones Industrial Average showed relative strength, rising 0.11% to 54,037.83, while the S&P 500 was marginally higher at 7,758.51, and the Nasdaq Composite slipped 0.04% to 26,594.93.
Nvidia's strength helped support technology shares, but oil remained a key source of uncertainty, with investors looking ahead to US inflation data that could influence expectations for Federal Reserve policy.