Wall Street’s major stock averages rose Tuesday as investors prepared for retail inflation data due on Wednesday.

At first, the S&P 500 (SP500) was +0.3%The Nasdaq Composite Index (COMP:IND) was +0.3% and the Dow (DJI) was +0.1%.

This Yield on 10-year Treasury bonds (US10Y) remained at 3.70%. The yield on 2-year bonds (US2Y) down 1 basis point to 3.66%.

Oracle (ORCL) is up more than 9% after the results for the first quarter of the fiscal year turned out to be better than estimates, which caused positive reactions from analysts.

The main stock averages on Wall Street ended Monday with gains.

“There was no single catalyst for a recovery, but with macroeconomic data constantly changing, the feeling yesterday was that last week’s fears of a more severe US recession were overblown, and the headline data was still not consistent with a recession,” said Jim Reid of Deutsche Bank.

Reid added that the more positive change in dynamics over the past 24 hours was due more to sentiment than up-to-date data.

The substantial economic data is the August consumer and producer price index reports. The CPI is due before the bell on Wednesday, and the PPI on Thursday.

The two inflation reports could provide further clues to the size of the rate cut at the Federal Reserve’s meeting this month. The Fed is widely expected to start cutting interest rates at its September meeting.

Politics also made headlines today. On Tuesday, former US President Donald Trump and Vice President Kamala Harris will take the stage to participate in a presidential debate.

“The only scheduled US presidential debate will take place after US markets close today. That’s close enough to the election that investors should care. Investors are focused on whether the debate will affect the probability of the election and whether the candidates will bring new policy insights,” said Paul Donovan of UBS.