Business

  The S&P 500 and Nasdaq rose on Tuesday as banks led a rally in economically sensitive sectors, while investors awaited inflation data and the Federal Reserve's policy meet next week.   Inflation data is expected to show consumer prices cooled slightly on a month-over-month basis in May but core prices are likely to have remained elevated, while the Fed is widely expected to hold interest rates.   Financials rose 1.2% to lead gains among the 11 major S&P 500 sectors, while the KBW regional banking index jumped 6.1%. The Russell 2000 index of small-cap companies added 2.8%.   "You are seeing cyclical parts of the market like financials, machinery, consumer discretionary having some market leadership which is good to see," said Matt Stucky, senior portfolio manager at Northwestern (NASDAQ:NWE) Mutual Wealth Management Company.   "If this were to continue, that would probably be a good sign that the trajectory that the market this year is o...