Wall Street dips on hot inflation data

Wall Street indexes edged lower after U.S. inflation came in higher than expected. Investors awaited Nvidia earnings and watched economic policy outlooks closely.

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A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2026. REUTERS/Jeenah Moon

United States stock indices dipped during Wednesday afternoon trading after annual inflation rose 3.7% through July. The Commerce Department report topped expectations, adding pressure to financial markets ahead of upcoming earnings.

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