Dow nudges higher, Nasdaq slumps ahead of December CPI

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It's a mixed trading day for the major market averages (^DJI, ^IXIC, ^GSPC) — the Dow Jones Industrial Average saw an upside of over half a point while the Nasdaq Composite fell by nearly a quarter of a point — ahead of tomorrow's Consumer Price Index (CPI) inflation print.

Market Domination Overtime's Julie Hyman and Yahoo Finance markets and data editor Jared Blikre recap the equity and bond market (^TYX, ^TNX, ^FVX) reactions to this morning's Producer Price Index (PPI) data.

To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Luke Carberry Mogan.