U.S. stock indexes edged higher in a volatile session Tuesday as investors continued to assess the outlook for inflation and economic growth.
The S&P 500 rose 0.9%, driven by gains in 10 of the index’s 11 sectors. The Nasdaq Composite climbed 0.9%, while the Dow Jones Industrial Average increased 0.8%. All three indexes had opened modestly lower after a profit warning from Target cast a pall over the retail sector.