Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

US stocks today: US stocks subdued as hot inflation lifts rate hike bets ahead of Nvidia results

Wall Street's main indexes were little changed on Wednesday as investors held back from making big bets ahead of Nvidia's closely watched quarterly results, while a hotter-than-expected inflation reading added to concerns that the Federal Reserve may keep interest rates higher for longer, according to Reuters report.

The S&P 500 was little changed, holding near its record high reached earlier this month. As of 11 a.m. ET, the Dow Jones Industrial Average was down 113 points, or 0.2%, while the Nasdaq Composite slipped 0.2%.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.