Dow Jones sole decliner at close ahead of inflation data

US stocks mostly rallied on Sept. 10, with benchmark Treasury yields down to a 15-month low as investors awaited inflation data amid expectations that inflationary pressures will ease. This supports the Fed’s potential decision as regards ending a monetary tightening cycle.

The Dow Jones Industrial Average declined 0.25%, 92 points, to reach 40,736 points.

S&P 500 rose 0.45%, or 24 points, to 5,495 points, while the Nasdaq Composite inched up 0.85%, or 141 points, to end the day at 17,025 points.

As for the European indices, STOXX Europe 600 fell 0.55% to 507.9 points.

FTSE 100 dipped 0.8% to 8,205 points. CAC 40 slipped 0.25% to 7,407 points. DAX 40 decreased 0.95%, or 177 points, to 18,265 points,

In Japan, the Nikkei 225 fell 0.15%, or 56 points, to 36,159 points. TOPIX slipped 0.1%, to 2,576 points.

In the oil market, futures contracts for Brent crude for November delivery declined by 3.7%, or $2.65, to $69.19 per barrel, marking the lowest level since the end of 2021.

Meanwhile, prices of West Texas Intermediate (WTI) crude oil for October delivery fell 4.3%, or $2.96, to $65.75 per barrel.

As for gold, futures prices for the yellow metal for December delivery inched up 0.4%, or $10.4 to $2,543 per ounce.