On Monday, August 12th, U.S. stock markets closed mixed as investors awaited key U.S. economic data, particularly on consumer prices, to gauge Fed policy. The Dow fell, while the S&P 500 and Nasdaq gained.
Economic data showed that the U.S. government budget deficit rose to $244 billion in July, up from the $220.7 billion deficit recorded in the same month last year.
Most S&P 500 sectors closed lower, led by losses in communication services, real estate, and industrials, while energy and utilities stocks rose.
The Dow Jones Industrial Average was down 0.36% and closed at 39,357.01. The S&P 500 ended the day flat at 5,344.39 while the Nasdaq Composite rose 0.21%, finishing the session at 16,780.61.
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