Wall Street today: US stocks mixed ahead of inflation data

US stocks were mixed on Tuesday ahead of key inflation data this week.

At the opening bell, the Dow Jones Industrial Average fell 110.4 points, or 0.25 percent, to 44,291.57. The S&P 500 rose 4.7 points, or 0.08 percent, to 6,057.59, while the Nasdaq Composite added 59.7 points, or 0.30 percent, to 19,796.39.

crude oil

Oil prices remained steady on Tuesday due to persistent concerns about rising surpluses.

Brent futures are trading below $72 per barrel.

bullion

Gold prices rose on Tuesday amid rising geopolitical tensions and expectations of a third US rate cut by the Federal Reserve next week.

Spot gold rose 1.1 percent at $2,687.69 an ounce at 9:35 a.m. ET (1435 GMT). US gold futures were up 1 percent at $2,712.10.

Spot silver rose 0.6 percent to $32.00 an ounce.

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