U.S. stocks closed lower on Tuesday, giving back some of Monday’s rebound: the S&P 500 fell 0.38% to 7,520.93, the Dow dropped 0.30% to 52,231.89, and the Nasdaq declined 0.74% to 25,065.88. After October CPI came in hotter than expected (up 0.4% month over month, with core CPI up 0.3%), the 10-year U.S. Treasury yield jumped to around 4.99%, fueling expectations of a December rate hike. Nvidia fell more than 5%, weighing on tech stocks. Gold slid about 1.8% to around $4,039. (AP/TradingKey, November 10)