Market Snapshot: Stock futures trim gains after Trump fires Secretary of State Tillerson

U.S. stock indexes rallied on Tuesday as investors welcomed benign inflation data and digested news that President Trump nominated Central Intelligence Agency Director Mike Pompeo to replace Secretary of State Rex Tillerson.

Meanwhile, closely watched consumer-inflation data was in line with expectations, helping to placate worries rising prices would hasten interest-rate hikes by the Federal Reserve.

What are the main benchmarks doing?

The S&P 500 index SPX, +0.45% was up 17 points, or 0.6%, to 2,799 with all 11 main sectors trading higher, led by the materials and health-care sectors.

The Dow Jones Industrial Average DJIA, +0.55% gained 181 points, or 0.7% to 25,360, supported by a rise in shares of component Caterpillar Inc.

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