Market

Investors Brace for Impact as US Markets Close Lower Ahead of Key CPI Report

US Markets End Tuesday's Session in the Red

On Tuesday, major stock markets in the United States closed with significant losses, as investors eagerly awaited the release of the crucial consumer inflation report scheduled for Wednesday. The Dow Jones declined by 0.35%, primarily driven by a 2.72% slump in Caterpillar Inc. Meanwhile, the Nasdaq 100 fell 0.34%, following a 16.92% drop in MongoDB Inc. shares. The S&P 500 also slipped 0.30%, influenced by a 9.07% decrease in Moderna Inc.

In the currency markets, the euro weakened by 0.22% against the dollar, trading at 1.05263 at 3:57 pm ET.