wall street stocks advanced early tuesday following inflation data that firmed up expectations that the us federal reserve will pause and not lift interest rates this week government figures showed that the consumer price index a key gauge of inflation jumped 40 percent from a year ago in may in line with analyst expectations and the lowest level in around two years following the data futures markets showed traders overwhelmingly expect the fed to hold steady on interest rates on wednesday and not hike for the first time in more than a year about 20 minutes into trading the dow jones industrial average was up 06 percent at 3427568 the broadbased sp 500 gained 06 percent to 436322 while the techrich nasdaq composite index added 05 percent at 1353047 among individual companies oracle jumped 47 percent as it reported an 18 percent rise in annual revenues the tech giant pointed to strong demand for its cloud computing products bunge limited advanced 06 percent after it announced a transaction to acquire rival agribusiness company viterra for more than 8 billion to create a global powerhouse in the food commodities trading sector