Stock market news today: Stocks rally after cool inflation print

News Snapshot:

US stocks soared on Tuesday as investors digested a cooler-than-expected inflation print and bond yields plummeted. The tech-heavy Nasdaq Composite (^IXIC) led the early morning gains, up about 1.7%. The benchmark S&P 500 (^GSPC) rose 1.3%, while the Dow Jones Industrial Average (^DJI) also jumped more than 1%, or about 350 points. The 10-year treasury yield (^TNX) dropped a whopping 17 basis points to trade near 4.46%, while the 30-year Treasury yield (^TYX) declined roughly 12 basis points to 4.62%. On the corporate side, Home Depot's (HD) quarterly results showed a smaller-than-expected decline in same-store sales. The home-improvement retailer will...