Dow Surges 500 Points; US Core Inflation Rises To 3.1%
1. U.S. stocks rose with S&P 500 up 1.07%. 2. Inflation steady at 2.7%, below estimates; core inflation hits 3.1%. 3. Communication services sector increased by 1.6% on Tuesday. 4. Real estate stocks saw a slight decline of 0.4%. 5. Biotech firms showed significant gains, boosting market optimism.