Tag: US Markets close

U.S. equities concluded the trading day with declines on Wednesday, following a report indicating a surge in credit card borrowing among Americans during the last quarter. The market also braced for the upcoming U.S. Consumer Price Index (CPI) inflation data, which holds the potential to influence decisions regarding interest rates by the Federal Reserve. Anticipation surrounded the July CPI figures set for release on Thursday, expected to show a slight uptick compared to the previous year. On a month-to-month basis, consumer prices were projected to rise by 0.2%,...