* The Dow Jones gained 0.08%, the S&P-500 fell 0.07% and the Nasdaq lost 0.58%
Aug 11 (Reuters) – The New York Stock Exchange ended in mixed order on Thursday, torn between signs of slowing US inflation and lingering uncertainties over the pace of monetary tightening by the Federal Reserve.
The Dow Jones index gained 0.08%, or 27.16 points, to 33,336.67 points.
The broader S&P-500 lost 2.91 points, or -0.07%, to 4,207.33 points.
The Nasdaq Composite fell by 74.89 points (-0.58%) to 12,779.91 points.
A day after news of a slowdown in the consumer price index (CPI) in the United States, today’s data showed that producer prices (PPI) fell unexpectedly last month, fueling investors’ hope that the Federal Reserve will moderate the scale of its next rate hikes.
Several officials of the institution, however, said in the past 24 hours that inflation remained too high (more than four times the target of 2%) and that the rise in rates should continue.
Some analysts thus warn against excessive optimism, believing that the US central bank will have to base itself on other elements to influence the tightening of its monetary policy.
In values, Disney>, gained 4.68% after announcing that the number of its Disney + subscribers had exceeded that of Netflix and an increase in the price of its subscriptions for customers who would like not to see advertising.
On the downside, Bumble fell 8.61% after lowering its forecast for annual results saying it was impacted by the war in Ukraine and competition from its Match, owner of the Tinder application.
The dollar was down -0.05% against a basket of currencies a few minutes after the close of Wall Street, while the euro stood at 1.0322 dollars (+0.24%).
On the bond market, ten-year paper took 11.2 basis points to settle at 2.893%. Its five-year counterpart advanced 8 basis points to 3.0021%.
* The reminder of the session in Europe:
* TO BE FOLLOWED Friday:
(Nicolas Delame)