Chagossian Bernadette Dugasse pauses, during an interview with The Associated Press, at her home in London, Tuesday, March 25, 2025. (AP Photo/Kin Cheung)
U.S. stocks rose following an encouraging report that showed inflation unexpectedly slowed across the country last month.The S&P 500 climbed 0.7% Tuesday and erased its loss for the year so far. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite rose 1.6% as AI and other tech stocks led the way.
The report on inflation could give the Federal Reserve more leeway to cut interest rates later this year to help the economy, but analysts and economists cautioned that inflation could still run higher in coming months because of President Donald Trump’s tariffs.The S&P 500 rose 42.36 points, or 0.7%, to 5,886.55.The Dow Jones Industrial Average fell 269.67 points, or 0.6%, to 42,140.43.
The Nasdaq composite rose 301.74 points, or 1.6%, to 19,010.08.The Russell 2000 index of smaller companies rose 10.15 points, or 0.5%, to 2,102.35.
The S&P 500 is up 226.64 points, or 4%.
The Dow is up 891.05 points, or 2.2%.In January, state media
that intelligence officials inthwarted a plan by the Islamic State group to set off a bomb at the shrine. The announcement appeared to be an attempt by Syria’s new leaders to reassure religious minorities, including those seen as having supported Assad’s former government.
Al-Khatib, who moved his family from Aleppo province to the Sayyida Zeinab area shortly before Assad’s fall, said Assad had branded himself as a protector of minorities. “When killings, mobilization ... and sectarian polarization began,” the narrative “of the regime and its allies was that ‘you, as a Shiite, you as a minority member, will be killed if I fall.’”The involvement of Sunni jihadis and some hardline foreign Shiite fighters fanned sectarian flames, he said.