Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.

The Dow Jones Industrial Average and other major stock indexes were mixed early Tuesday, as UnitedHealth plunged on the stock market today after suspending its outlook. Meanwhile, Wall Street digested a surprisingly cool inflation report.

U.S. stocks are holding relatively steady following a report that showed inflation unexpectedly slowed across the country last month

Stocks surged steadily on Monday after Wall Street got what it wanted on the tariff front. The Dow Jones Industrial Average was up 1,110 points, or 2.7%, in early afternoon trading. The S&P 500 was up 3.

Mr. Baker previously served as Editor in Chief of The Wall Street Journal and Dow Jones from 2013-2018. Prior to that, Mr. Baker was Deputy Editor in Chief of The Wall Street Journal from 2009-2013.

U.S. stocks leapt after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.

News Corp beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by growth in its Dow Jones business and online real estate services, sending its shares up about 3% in extended trading.

Futures on Wall Street have seen a sharp surge on Sunday evening US time, after the Trump administration and China, both cited "substantial progress" on trade talks that took place over the weekend in Geneva,