Wall Street Dips on Inflation Data

Wall Street indexes closed slightly lower on Wednesday following a hotter-than-expected inflation reading. Investors remained cautious as they awaited key quarterly earnings from Nvidia.

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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

Wall Street indexes closed slightly lower on Wednesday afternoon after annual inflation in the United States rose 3.7% through July. The reading exceeded economist expectations and added fresh complexity to the Federal Reserve's policy outlook.

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