Stocks
Dow Falls Amid Slight Inflation Increase
The US stock market experienced a mixed session on Wednesday, with the Dow Jones Industrial Average closing 0.21% lower at 53,463.88.
The decline was largely driven by news that US inflation ticked slightly higher in July, according to the Federal Reserve's preferred gauge.
The Bureau of Economic Analysis' personal consumption expenditures price index rose 0.2% on the month and 3.7% year-on-year, both above consensus estimates.
Nvidia delivered another set of stronger-than-expected quarterly numbers and issued revenue guidance that topped Wall Street forecasts.