US stocks hold in place after report suggests tariffs aren’t yet pushing up inflation

News Snapshot:

NEW YORK (AP) — U.S. stocks are holding relatively steady after a report suggested President Donald Trump’s tariffs are not pushing inflation much higher, at least not yet. The S&P 500 was up less than 0.1% early Wednesday. The Dow Jones Industrial Average was down 23 points, or 0.1%, and the Nasdaq composite was up 0.2%. The action was stronger in the bond market, where Treasury yields fell after a report showed inflation ticked up by less last month than economists expected. Markets didn’t react much to the conclusion of two days of trade talks between the U.S. and China....