Wall Street today: US stocks trade mixed as investors await inflation data; Dow jumps over 70 points; S&P 500 flat

Wall Street experienced mixed trading as investors awaited crucial US inflation data and Apple’s product launch, where a new iPhone model was anticipated. The Dow Jones Industrial Average rose, while Nasdaq saw a slight decline. Markets are closely watching producer and consumer price data ahead of the Federal Reserve’s policy decision, with expectations of an interest rate cut next week.