US Stocks End Lower as Latest CPI Fails to Lift Rate-Cut Spirits

A trader works on the floor of the New York Stock Exchange (NYSE) in New York on Jan. 5.Photographer: Michael Nagle/Bloomberg

US stocks fell on Tuesday as the latest inflation data failed to shift interest-rate cut bets and traders examined fresh earnings reports.

The S&P 500 Index finished 0.2% lower in New York, reversing an earlier gain to climb down from Monday’s all-time closing high. The tech-heavy Nasdaq 100 Index closed 0.2% down.