The major indexes rose Tuesday, as Tesla and Google masked growth weakness. The CPI inflation report is on tap.

Inflation likely rose in May, bouncing back after three months of declining as President Donald Trump's tariffs start to push up prices.

The consumer price index, a broad-based measure of goods and services across the sprawling U.S. economy, increased 0.1% for the month, putting the annual inflation rate at 2.4%. Economists surveyed by Dow Jones had been looking for respective readings of 0.2% and 2.4%.

Consumer prices in the US rose less than anticipated in May, with limited evidence so far that President Donald Trump's tariff measures have had a material impact on inflation.

Consumer prices rose less than expected in May, CNBC reported, as Trump’s controversial tariffs have yet to have a significant impact on inflation. The broad consumer price index, which measures the cost of goods and services across the economy, increased 0.1% for the month, putting the annual U.S. inflation rate at 2.4%.

The China trade deal failed to wow, but the stock market is near highs. Shopify leads new buys. Oracle jumped late on earnings.

U.S. stocks finished higher on Tuesday as investors closely monitored trade talks between the U.S. and China while awaiting the release of the consumer-price index report for May on Wednesday morning to better gauge the Federal Reserve's policy path.

It accounted for more than half the rise in the U.S. consumer-price index ... impact," Faucher said. -Jeffry Bartash This content was created by MarketWatch, which is operated by Dow Jones ...

According to a CNBC report citing Dow Jones consensus, the CPI is expected to stay at a ... continue to evaluate the tariff situation and its impact on the global economy and corporate earnings ...

Dow Jones futures lagged, down 0.2%, dragged by a steep drop in UnitedHealth shares. Traders are balancing a solid CPI report with ... How Did U.S.-China Trade Talks Impact Sentiment?