India, Aug. 11 -- The S&P 500 edged higher on Tuesday, August 11, as investors balanced movements in oil prices, uncertainty surrounding the Strait of Hormuz and expectations for upcoming US inflation data. The index gained 9.70 points, or 0.13%, to 7,762.56, according to the supplied market data.

Wall Street remained close to record levels, but trading was cautious as investors awaited fresh signals on inflation and the Federal Reserve's interest-rate path. Reuters reported that optimism around potential US-Iran negotiations and the possibility of reopening the Strait of Hormuz remained an important influence on markets.

S&P 500 Today Live: How Did the Index Perform?

The S&P 500 finished at 7,762.56, rising 9.70 points or 0.13%.

The ...