FILE PHOTO: Wall Street ends slightly lower, capping blockbuster year
NEW YORK: A gauge of global stock markets edged lower and U.S. Treasury yields rose modestly on Wednesday, as investors looked to the next round of data on inflation and consumer health for clues on the direction of Federal Reserve policy.
The S&P 500 fell slightly from its record close, weighed down by weakness in the tech sector. In the prior session, stocks had shaken off a slightly hotter-than-expected reading on U.S. consumer inflation (CPI), with the benchmark S&P index also getting a lift from a surge in shares of Oracle after its quarterly earnings.
