Major U.S. indices closed mixed on Wednesday, with the Dow Jones Industrial Average slipping 0.04% to 53,770.27, while the S&P 500 gained 0.26% to 7,748.50 and the Nasdaq advanced 0.54% to 26,588.48
July CPI rose 3.4% year over year, easing from June’s 3.5%, while core inflation slowed to 2.5% from 2.6%, with both readings matching expectations.