"Market Reacts to Inflation Data: Stocks Rise, Dow Struggles, Norfolk Southern Settles"

TL;DR Summary
Wall Street's main stock indexes rose as Treasury yields retreated, with investors awaiting the U.S. Consumer Price Index (CPI) data for insights into potential interest-rate cuts by the Federal Reserve. The focus is on the March CPI reading, expected to show a rise in headline inflation. Amid signs of a strong U.S. economy, investors have scaled back rate-cut expectations. Alphabet gained after unveiling new AI chips, while cryptocurrency and blockchain-related stocks declined. The Dow rose 0.18%, the S&P 0.31%, and the Nasdaq 0.39%.
- Wall St rises on easing bond yields, inflation numbers on tap Reuters
- Stock market today: US stocks turn lower ahead of CPI inflation data Yahoo Finance
- Stock Market Today: Dow struggles for direction as inflation data looms MarketWatch
- Norfolk Southern agrees to pay $600M in settlement related to train derailment in eastern Ohio The Associated Press
- Dow falls 300 points Tuesday as traders brace for key U.S. inflation report: Live updates CNBC
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