Wall Street's main indexes edged lower on Tuesday, with the S&P 500 and the Nasdaq pulling back from record highs after a hotter-than-expected inflation report and fading hopes for a swift resolution to the Middle East conflict.
U.S. consumer prices rose at a brisk pace for a second straight month in April, pushing annual inflation to its highest level in nearly three years and reinforcing expectations that the Federal Reserve will keep interest rates unchanged for longer.
