Wall St sheds most gains from July US inflation data, closes flat By Reuters

2023-08-10 22:30:31

© Reuters. Traders trade on the New York Stock Exchange 7/26/2023 REUTERS/Brendan McDermid

By David French

(Reuters) – Wall Street’s main indexes closed broadly flat on Thursday after early gains on softer-than-feared inflation data, as investors fretted over the long-term prospects of the US economy. US and whether equities have more room to advance.

According to preliminary data, the had a positive variation of 0.03%, to 4,469.05 points. The technology index gained 0.12% to 13,739.06 points. rose 0.15% to 35,173.64 points.