(Reuters) - A sharp drop in the dollar against sterling after data showed inflation in Britain topping 3 percent could also put investors on edge. A fall in the dollar can add to pressure on U.S. prices and increase imports.
Besides data on the March consumer price index, investors will also get reports on housing starts and industrial production. Stocks surged on Monday, lifting the Standard & Poor's 500 index to a 6 1/2-year high on signs of strength in the economy and corporate profits.
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