Stock Market Today: Wall Street Drifts Lower as Oil Prices Rise and Oracle Weighs on Tech Stocks

Stock Market Today: Wall Street Drifts Lower as Oil Prices Rise and Oracle Weighs on Tech Stocks
People walk past the New York Stock Exchange in New York on June 29, 2022. Julia Nikhinson/AP Photo
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NEW YORK—A slide for technology stocks weighed on Wall Street Tuesday as the market prepped for a highly anticipated report on inflation due the next day.

The S&P 500 lost 25.56 points, or 0.6 percent, to 4,461.90. The Dow Jones Industrial Average slipped 17.73, or 0.1 percent, to 34,645.99, and the Nasdaq composite dropped 144.28, or 1 percent, to 13,773.61.