The S&P 500 settled higher on Tuesday, as investors digested the recent inflation data.
The annual inflation rate in the US eased to 6% in February, the lowest level since September 2021, in line with market expectations, and versus 6.4% in the previous month.
Tuesday afternoon, Reddit’s website and app stopped working. According to Downdetector, a site that tracks website outages, reported that Reddit, along with a number of other sites also crashed.