by Agence France Presse
Barron’s
Wall Street stocks treaded water Wednesday as markets awaited key US inflation data while digesting mixed corporate earnings.
Briefing.com analyst Patrick O’Hare pointed to a “little bit of caution” ahead of an inflation reading due Friday that is closely watched by the Federal Reserve.
O’Hare also said investors were waiting for earnings reports to come from Facebook parent Meta, Amazon and other tech giants.
The Dow Jones Industrial Average ended down 0.1 percent at 38,460.92.