Wall Street Declines Ahead of Inflation Data

The main indices of the New York Stock (NYSE) closed lower on Wednesday, to erase earlier gains, with Wall Street investors anxiously awaiting the release of inflation data and reacting to the drop in Treasury bond yields.

The Dow Jones Industrial Average lost 152.68, or 0.44%, to close at 34,447.14 points, to register its third consecutive daily loss.

Meanwhile, the S&P 500 index finished at 4,219.55, losing 7.71 points, or 0.18%.

Similarly, the Nasdaq Composite Index slipped by 13.16 points, or 0.09%, to end the session at 13,911.75 points.