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U.S. stocks were flat Wednesday as investors look to keep a postelection rally going after a key inflation report was inline with expectations.
The Dow Jones Industrial index inched back up 9.03 points to 43,920.01.
The S&P 500 dipped 7.22 points to 5,976.36.
The NASDAQ Composite slid 58.22 points to 19,223.18.
Tesla, which has been among the biggest winners following the election, was up again by 3%.
The October consumer price index accelerated a tad to a 2.6% annual rate, matching the consensus estimate from economists polled by Dow Jones. Core prices, which exclude food and energy from the reading, rose 3.3% last month, which also matched estimates.
Prices for the 10-year Treasury gained ground, lowering yields to 4.41% from Tuesday’s 4.43%. Treasury prices and yields move in opposite directions.
Oil prices docked 78 cents to $67.34 U.S. a barrel.
Prices for gold dipped $6.50 an ounce to $2,599.80 U.S.
