Wall Street’s momentum fades following Monday’s spurt

News Snapshot:

NEW YORK — Most U.S. stocks are rallying Tuesday following an encouraging report that showed inflation unexpectedly slowed across the country last month. The S&P 500 was up 1% in late trading, coming off a big gain to start the week after the United States and China announced a 90-day pause in their trade war to allow for negotiations. The Dow Jones Industrial Average was down 160 points, or 0.4%, with an hour remaining in trading, and the Nasdaq composite was 1.8% higher as AI and other tech stocks led the way. Stocks have been roaring back since the S&P...