Stock Market Steps Back As Investors Eye CPI; Software Drags Nasdaq, But Asset Managers Jump

Small caps outperformed Tuesday, but selling in software and some large-cap technology stocks dragged the Nasdaq composite down as investors weighed rising oil prices alongside an upcoming inflation report. The Nasdaq composite closed lower by 0.6% and the Nasdaq-100 index gave back 0.3%. Volume rose slightly on the Nasdaq exchange, giving the index its first distribution day since the index…