India, Aug. 11 -- Wall Street traded cautiously on Tuesday, August 11, as investors balanced easing oil-market pressure against fresh concerns over inflation, interest rates and the uncertain outlook for the Strait of Hormuz. The Dow Jones Industrial Average showed relative strength, with later intraday data putting the index at 54,037.83, up 61.85 points, or 0.11% and the S&P 500 was also marginally higher at 7,758.51, while the Nasdaq Composite slipped 0.04% to 26,594.93.

The mixed session reflects a market that is still willing to buy equities, but not blindly. Nvidia's strength helped support technology shares, while oil remained a key source of uncertainty while investors are also looking ahead to US inflation data, which could infl...