Wall Street’s major stock indices displayed mixed performance following the release of August inflation data in the United States, which showed a smaller-than-expected increase. The figures eased some concerns over inflationary pressures, particularly related to fuel costs amid tensions stemming from the conflict in Iran, but failed to provide a clear directional signal for investors.

The S&P 500 declined by 19.30 points, or 0.3 percent, closing at 7,651.54. The Dow Jones Industrial Average experienced a more pronounced drop, losing 443.87 points, or 0.9 percent, to finish at 50,906.05. In contrast, the tech-heavy Nasdaq Composite rose by 63.52 points, a gain of 0.2 percent, reaching 26,861.06.

Among major technology companies, most posted gains, with Amazon, Apple, and Nvidia moving higher during the session. However, Meta Platforms saw its shares fall by nearly 2 percent, contributing to the uneven market sentiment.

Investors remained cautious as broader inflationary concerns persisted, with energy prices continuing to influence market dynamics amid geopolitical uncertainties in the Middle East. The mixed market reaction reflects ongoing uncertainty about the pace of inflation and potential impacts on monetary policy.