NEW YORK—A mixed day of trading left Wall Street slightly higher on Wednesday after a report showed inflation is making strides toward easing, even if it remains too high.
The S&P 500 rose 18.47, or 0.4 percent, to 4,137.64 after swinging between gains and losses through the day. The Dow Jones Industrial Average slipped 30.48, or 0.1 percent, to 33,531.33, while the Nasdaq composite rallied 126.89, or 1 percent, to 12,306.44.