Stocks Waver After Inflation Data, Major Earnings – The Wall Street Journal

U.S. stocks wavered Wednesday after a hotter-than-expected inflation reading bolstered the view that the Federal Reserve might move up its interest-rate hikes.

The S&P 500 hovered around the flatline, while the Dow Jones Industrial Average lost 0.4%, or about 125 points. The tech-heavy Nasdaq Composite rose 0.4%.