What to watch today: Wall Street looks steady after new highs

What to watch today: Wall Street looks steady after new highs

BY THE NUMBERS were relatively flat Tuesday, one day after the S&P 500 closed above 4,700 for the first time ever. The and the also Monday as industrials and materials stocks got a boost from the late-Friday approval in the House of the Senate-passed infrastructure bill. President is expected to sign it. (CNBC) * (CNBC) Investors are getting this week, with the producer price index Tuesday and the consumer price index Wednesday. Producer prices , in-line with estimates. Still, wholesale prices increased 8.6% on a year-over-year basis, tied for the biggest increase on record. (CNBC) IN THE NEWS TODAY U.S. industrial giant (GE) will split into three separate companies, , following years of lackluster stock performance. GE plans to spin off the health-care unit by early 2023 and the energy unit by early 2024, the company said in a press release. Shares of GE surged in premarket trading after the announcement. (CNBC) and ether hit new all-time highs Tuesday, before slightly trimming their gains, as cryptocurrencies extended their rallies. , the world's biggest digital currency, topped $68,500. , the No. 2 crypto and native currency of Ethereum's blockchain, jumped above $4,800 for the first time ever. So far this year,