Market Report

U.S. stocks edged lower Tuesday.

The top-performing sector was consumer staples, while industrial stocks lagged all other sectors.

Corporate news was light.

In economic news, the May Producer Price Index, or PPI, increased by 0.1 percent, indicating easing inflationary pressures in the United States.

Treasury bond prices rose as their yields fell.

Volume on the New York Stock Exchange was moderate, with 898 million shares traded. Advancers and decliners were evenly matched.

Gold fell $1.66 to $1,326.81, silver fell 2 cents to $14.74, and crude oil rose 11 cents to $53.37 a barrel.

The 30-year Treasury yield closed lower at 2.62 percent, and the 10-year Treasury yield finished lower at 2.14 percent.

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