{"id":70018,"date":"2022-08-12T01:30:00","date_gmt":"2022-08-11T21:30:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=70018"},"modified":"2022-08-12T01:24:22","modified_gmt":"2022-08-11T21:24:22","slug":"sp-500-closes-flat-nasdaq-dips-as-market-comeback-rally-eases","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/sp-500-closes-flat-nasdaq-dips-as-market-comeback-rally-eases\/08\/12\/market-updates\/","title":{"rendered":"S&#038;P 500 closes flat, Nasdaq dips as market comeback rally  eases"},"content":{"rendered":"\n<p>US Stocks struggled for direction on Thursday as investors mulled another better-than-expected inflation report.<br><br>The S&amp;P 500 closed down less than 0.1%, while the Nasdaq Composite slumped 0.6%. The Dow nudged upward by 28 points, or less than 0.1%. The three major averages opened the session higher but lost steam as the day progressed.<br><br>Investors received better economic news when the July producer price index showed a surprise decline from June. PPI dropped 0.5%, compared with an estimate of a 0.2% gain, according to a Dow Jones survey. The PPI reading excluding food and energy rose less than expected.<br><br>That reading follows an encouraging consumer price index for July on Wednesday. CPI came in at 8.5%, slightly cooler than the 8.7% expected by analysts surveyed by Dow Jones and a slowing pace from the prior month. Stocks rallied after Wednesday\u2019s report and again Thursday morning, but the uptrend waned later in the day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Stocks struggled for direction on Thursday as investors mulled another better-than-expected inflation report.The S&amp;P 500 closed down less than 0.1%, while the Nasdaq Composite slumped 0.6%. The Dow nudged upward by 28 points, or less than 0.1%. The three major averages opened the session higher but lost steam as the day progressed.Investors received better &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61273,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7192,6957,516],"class_list":["post-70018","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-dow","tag-ppi","tag-sp-500"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=70018"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70018\/revisions"}],"predecessor-version":[{"id":70023,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70018\/revisions\/70023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61273"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=70018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=70018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=70018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}