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- US stocks closed higher on cooling inflation data as trader shrug off concerns of a potential regional bank crisis.
- The Dow Jones Industrial Average snapped its five-day losing steak on Tuesday.
- Elsewhere, bitcoin surged 15% and hit a 9-month high in the morning.
US stocks climbed Tuesday as traders focused on the latest inflation data and continued to assess the fallout from the collapse of Silicon Valley Bank. The Dow Jones Industrial Average closed in the green, breaking a five-day losing streak.