S&P 500 Dips, Nasdaq Higher as Inflation Cools Fed Rate Hike Odds
The Nasdaq climbed on Wednesday while the S&P 500 dipped, with both indexes notching their second straight quarterly gains. A softer-than-anticipated inflation reading cooled expectations that Federal Reserve policy makers would hike rates in October.
Nasdaq advanced on Wednesday while the S&P 500 slipped, with both indexes posting their second straight quarterly gains after a softer-than-anticipated inflation reading reduced expectations that Federal Reserve policymakers would hike rates in October. The US Com…