What to watch today: Wall Street set to rise after S&P 500 hits lowest level in over a year

What to watch today: Wall Street set to rise after S&P 500 hits lowest level in over a year

BY THE NUMBERS bounced Tuesday, with investors hoping Wall Street can break its three-session losing streak. The on Monday fell to its . The broad market index dropped 3.2%, closing under 4,000. The tumbled nearly 4.3% and the dropped close to 2%. The Nasdaq's bear market approached a 30% decline from its last record high in November. The S&P 500 and the Dow moved deeper into correction territory, defined by a drop of 10% or more from their most recent record highs, which were in early January. (CNBC) * CNBC Investing Club: Ahead of two key inflation reports Wednesday and Thursday, President on Tuesday remarks on inflation. The 10-year Treasury yield's decline from multiyear highs did not seem to help equities Monday. However, the benchmark yield Tuesday, going below 3%, and stocks advanced in the premarket. (CNBC & Reuters) * (CNBC) One day after sinking nearly 6.1%, U.S. oil prices another roughly 1.5% on Tuesday but remained . Elevated crude prices have been reflected at American gas pumps; and on Tuesday, the national average hit an unadjusted-for-inflation record of $4.37 per gallon, . (Reuters & CNBC) rose on Tuesday, for a more than 50% decline from November's all-time high. The