This article will be updated throughout the day, so check back often for more daily updates. Two days ago, news that US retail consumer inflation rose only 2.7% in July (that’s 0.1% less than expected) sent the stock market flying,

On the goods side, prices rose 0.7%, led by a 1.4% jump in food costs. Fresh and dry vegetables soared nearly 39%, while diesel fuel, jet fuel, meats, and eggs also became more expensive. Gasoline was one of the few items to get cheaper, falling 1.8%.

Wall Street's main indexes opened higher on Tuesday after data showed inflation rose broadly in line with expectations in July, putting the Federal Reserve on track to lower interest rates next month.