Index movements were relatively small on the stock exchange in New York on Thursday, the day before the US tariff pause against many countries expires. The broad S&P 500 index fell 0.4 percent, the technology-heavy Nasdaq composite index closed unchanged and the Dow Jones industrial index fell 0.7 percent.
The June inflation rate in the US was slightly higher than expected, 2.6 percent, which can be compared to 2.4 percent in May. Analysts had expected 2.5 percent in June. The central bank's inflation target is 2 percent.
Among Thursday's winners were the IT giants Microsoft and Meta, which the day before presented interim results that exceeded analysts' forecasts. Microsoft rose 4.0 percent and Meta, Facebook's parent company, soared 11.3 percent.
