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August 12, 2022

Stocks closing mixed after signs of cooling inflation

By STAN CHOE and ALEX VEIGA
AP Business Writers

NEW YORK — An afternoon pullback left stock indexes on Wall Street with a mixed finish Thursday, erasing most of their gains from a morning rally over new signs of cooling inflation.

The S&P 500 closed 0.1% lower after having been up 1.1% in the early going. The Nasdaq fell 0.6%, while the Dow Jones Industrial Average eked out a 0.1% gain.


 
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