NewsWatch: Dow’s gains gather steam late-morning Tuesday, while Nasdaq and tech stocks stumble

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MARKETWATCH FRONT PAGE

U.S. stock-indexes gain altitude late-morning Tuesday in volatile trading as investors sell some technology stocks and digested second-quarter earnings results from a trio of big banks. See full story.

Higher gas and food prices trigger first increase in U.S. consumer inflation in 4 months

The cost of consumer goods and services rose in June for the first time in four months largely because of higher gasoline prices, but inflation more broadly remained low and is likely to stay that way during the pandemic. The consumer price index jumped 0.6% last month. See full story.

Home prices could fall in major cities as Americans sour on urban living, says Nobel Prize-winning economist Robert Shiller

See full story.

Big Tech’s latest reckoning is coming as it continues to rack up record valuations

The steep ascent of Big Tech, which is fueling a resurgent stock market despite a deepening pandemic, underscores the enduring power of the industry as consumption of it escalates in a work-from-home economy. See full story.

Coronavirus slashes deal-making globally: What to expect next

It’s official: the first half of 2020 was the worst in at least 15 years for the global mergers and acquisitions business, according to Dealogic data. Here’s how rainmakers are making due in the new M&A landscape. See full story.

MARKETWATCH PERSONAL FINANCE

‘I fear it’s too late for me to receive my $1,200 stimulus check. The tax return deadline for 2019 was extended to July 15.’ See full story.

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