How major US stock indexes fared Monday 2/13/2023

Wall Street closed higher as traders made their final moves in anticipation of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain. The S&P 500 rose 1.1% Monday. A report on Tuesday will show how bad inflation was at the consumer level in January. Economists expect a slowdown, and better-than-expected trends could reignite hopes that the Federal Reserve may be able to take it easier on interest rates. Treasury yields held relatively steady after jumping last week on rising expectations for the Fed to stay firm on rates.