Stocks Halt Rally in Countdown to Inflation Report: Markets Wrap

Wall Street refrained from making big bets ahead of a key inflation report, with stocks losing steam after climbing to the brink of all-time highs. Treasuries fluctuated. The dollar rose.

With the earnings season almost done, investors are turning to economic data for clues on whether the Federal Reserve will be able cut rates in September. Markets barely budged after reports President Donald Trump extended a pause of tariffs on Chinese goods for another 90 days. The S&P 500 remained below 6,400. Apple Inc. slid after its best week since 2020. Intel Corp. climbed as its chief was expected to ...