U.S. stocks opened little-changed on Wednesday following Tuesday’s losses as traders eyed an upcoming July inflation report. The S&P 500
SPX,
was flat at 4,500. The Nasdaq Composite
COMP,
was marginally higher at 13,887. The Dow Jones Industrial Average
DJIA,
was unchanged at 35,308. Investors will receive the July CPI report on Thursday, which will offer some insight into the pace of consumer-price growth last month. Analysts believe the report could impact perceptions about the Federal Reserve’s plans for monetary policy, which could impact markets. Economists polled by the Wall Street Journal expect prices to have risen by 0.2%.
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