Wall Street’s main indexes climbed on Tuesday as oil prices extended declines and data showed a softer-than-expected rise in producer prices, with investors remaining focused on the outcome of the Federal Reserve’s two-day policy meeting.
Brent crude fell back below $100 a barrel after scaling as much as $139 last week, providing some relief for U.S. stocks that have had a wild ride so far this year on worries about surging inflation and the Fed’s moves to combat it.
