US stocks close flat; Dow Jones falls

US stocks ended Wednesday’s session flat after inflation data showed continued price pressures, while markets awaited Nvidia’s earnings report due after the close.

At the close, the Dow Jones Industrial Average fell 0.21%, or 113 points, to 53,463, following gains in each of the previous three sessions.

The broader S&P 500 was little changed at 7,675, while the Nasdaq Composite also ended flat at 26,130.

In Europe, the STOXX Europe 600 was little changed at 656, remaining near its highest level in about two weeks.

The UK FTSE 100 was also little changed at 10,878, as was Germany’s DAX at 26,285. France’s CAC 40 rose 0.27% to 8,462.

In Japan, the Nikkei 225 gained 0.62% to 66,262, while the broader TOPIX rose 0.42% to 4,111.

In oil, October Brent crude futures fell 0.84%, or 74 cents, to $87.84 a barrel.

October Nymex crude futures declined 0.16%, or 13 cents, to $82.23 a barrel.

Gold futures for December delivery fell 0.88%, or $41.20, to $4,653.30 an ounce.

What’s Behind the Market Moves? Persistent elevated inflation weighed on Wall Street as investors awaited Nvidia’s results to gauge the strength of AI demand, while Federal Reserve Chair Kevin Warsh’s speech at Jackson Hole later this week is expected to offer clues on the interest-rate path.