Stock Market Today: S&P 500 shrugs off energy, financials slide as tech shines

Investing.com -- The S&P 500 cut losses to closes higher Tuesday, as a climb in tech helped offset weakness in energy and financials a day ahead of an important inflation report.

The news comes a day after the Cupertino-based group unveiled its iPhone 16 on Monday, which is due to go on sale on Sept. 20 with pre-orders available this Friday, to help reinvigorate flagging sales of the device. OPEC said now now expects demand to increase by roughly 2 million barrels per day this year, down from its prior projection of 2.1 million in August. It was the second consecutive month that the producer group has made a downward adjustment to the forecast.), said they are moving to halt production and refining activities in the Gulf of Mexico due to Tropical Storm Francine.

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