Wall Street ending flat as investors await inflation updates

Friday, August 5, 2022, Vol. 46, No. 31
The Associated Press

Stocks are closing flat on Wall Street as investors prepare for a busy week of updates on inflation.

The S&P 500 gave up early gains and closed down 0.1% Monday, while the Dow Jones Industrial Average edged higher and the Nasdaq fell slightly.

Small-company stocks outpaced the broader market in a sign of investors' confidence in the economy.

Retailers and communications stocks were among the biggest winners. Clean energy companies, including First Solar, rose following Senate approval of Democrats' big election-year economic package.

The government will release its July reports for consumer prices and wholesale prices later this week.