US close: S&P falls back on mixed day for equities
Wall Street finished in a mixed state on Wednesday, as the S&P 500 retreated from its previous record close.
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Wall Street finished in a mixed state on Wednesday, as the S&P 500 retreated from its previous record close.
Wall Street stocks closed Wednesday in negative territory, as investors braced for upcoming inflation reports.
US stock markets performed strongly on Monday, kicking off a busy week on the front foot, with both the Dow and S&P 500 continuing to set fresh record highs and the Nasdaq Composite nearing its all-time peak.
Wall Street experienced a mixed performance on Tuesday, with its main market indices showing varied results following a record close in the previous session.
After a tentative start, US stocks finished with decent gains on Wednesday with the S&P 500 inching ever closer to its record high, though market sentiment was still cautious ahead of latest inflation figures due out the following session.