NEW YORK—Stocks climbed Tuesday as Wall Street prepared for an upcoming update on inflation that will hopefully show a smaller increase in pain for everyone.
The S&P 500 rose 29.73, or 0.7 percent, to 4,439.26. The Dow Jones Industrial Average gained 317.02 points, or 0.9 percent, to 34,261.42, and the Nasdaq composite added 75.22, or 0.5 percent, to 13,760.70.