12:23 PM EST, 12/10/2024 (MT Newswires) -- US equity indexes traded mixed, and government bond yields rose with the dollar amid caution in markets ahead of a tick-up expected in month-over-month headline inflation.

The S&P 500, Nasdaq Composite and the Dow Jones Industrial Average stood little changed at 6,052.2, 19,736.5 and 44,418.7, respectively, after midday on Tuesday. Communication services and consumer discretionary led the gainers intraday. Real estate and utilities were among the steepest decliners.

The month-over-month headline inflation rate rose by 0.3% in November from 0.2% in October, according to a survey compiled by Bloomberg ahead of the data on Wednesday. The month-over-month core inflation that excludes the more volatile food and energy prices and the headline and core year-over-year inflation rates remained unchanged last month, as per the survey.

The US Dollar index climbed 0.4% to 106.59.

"The dollar edged higher ahead of a crucial inflation report this week that could influence the Federal Reserve's decisions at its monetary policy meeting" on Dec. 18, according to a note from D.A. Davidson.

Most US Treasury yields rose intraday, with the US 10-year up 3.5 basis points to 4.23% and the two-year climbed 3.9 basis points to 4.17%.

In company news, Oracle (ORCL) shares slumped 8% intraday, the worst performer on the S&P 500 after the company reported late Monday fiscal Q2 non-GAAP earnings and revenue that trailed analyst expectations.

MongoDB (MDB) sank 13% intraday, the steepest decliner on the Nasdaq, even after reporting better-than-expected Q3 results and raising the full-year outlook.

Meanwhile, West Texas Intermediate crude oil futures rose 0.8% to $68.92 a barrel.