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A trader looks on while waiting for the initial price of Tencent Music Entertainment company's IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 12, 2018. REUTERS/Bryan R Smith
A trader looks on while waiting for the initial price of Tencent Music Entertainment company's IPO on the floor of the New York Stock Exchange (NYSE) in New York

Thomson Reuters

  • US stocks traded mixed on Wednesday as investors awaited the July CPI report.
  • Markets are hoping cooler inflation will push the Fed to end its rate hike campaign. 
  • August has been a tough month so far for stocks, with the summer rally losing steam. 

US stocks fell Wednesday as investors waited for key inflation data to roll out Thursday morning.

Major indexes ended in the red, continuing this week's sell-off and struggling to recover as August proves tough for investors coming off a hot streak earlier this summer. 

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Markets, MI Exclusive, Stock market news today, daily market wrap, Inflation, CPI, falling inflation, Inflation Expectations, US Economy and Markets, Walt Disney, disney stock price
Source
US stocks fall as investors brace for July CPI report