US stocks mixed as softer inflation eases Fed rate hike concerns

US stock markets showed mixed signals on Wednesday as inflation data sparked divergent movements across indices. The Nasdaq edged higher while the S&P 500 and Dow Jones fell, though both posted quarterly gains overall.

Private sector employers added 90,000 jobs in September, supporting broader labor market reports released during the week. The softer inflation readings cooled expectations around further Federal Reserve interest rate hikes, influencing investor sentiment.

The S&P 500 reached fresh highs despite experiencing volatility. Inflation concerns continue to shape economic forecasts and central bank policy outlooks.