By STAN CHOE, Associated Press Business Writer

NEW YORK (AP) — Wall Street is edging back from its record heights on Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected.

The S&P 500 slipped 0.2% from its all-time high set the day before. The Dow Jones Industrial Average was down 104 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was shaving 0.1% off its own record.

Related Articles

US consumers face possibility of higher beef prices in 2026

Nearly a decade after opening, Jamul Casino finally catches up with its rivals

US applications for jobless benefits fell last week and remain in historically healthy range

US producer prices surge in July as Trump tariffs push costs higher

Cal

See Full Page