04:09 PM EDT, 04/09/2024 (MT Newswires) -- US equity markets ended mixed Tuesday as investors awaited key inflation report in March the next day.
* The US consumer price index is expected to rise 0.3% in March after a 0.4% gain in February, according to a survey compiled by Bloomberg, with the year-over-year rate forecast to accelerate to 3.4% from 3.2% in the previous month.
* Redbook reported that US same-store retail sales were up 5.4% year-over-year in the week ended April 6, faster than a 5.2% gain in the prior week due to spending on seasonal items, particularly graduation and prom events.
* May West Texas Intermediate crude oil closed down $1.16 to $85.27 per barrel, while June Brent crude, the global benchmark, was last seen down $0.92 to $89.46.
* Norfolk Southern ( NSC ) shares rose 1.2% after saying it has agreed to pay $600 million to settle a class action lawsuit pertaining to the February 2023 derailment of one of its trains in East Palestine, Ohio.
* Tilray Brands ( TLRY ) shares dropped 21% after reporting weaker-than-expected revenue growth for fiscal Q3 and tempered earnings forecast for the full year.