Wall Street markets remain quiet ahead of key inflation data

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The price of stock markets was little changed on Wednesday as a lack of fresh catalysts kept investors waiting for clear cues from the inflation data and an upcoming Federal Reserve meeting.

But buying so-called meme stocks continued by a small-time retail investor, with the new social media favorite Clover Health in premarket trade jumped 17% after reaching a new record high on Tuesday.

GameStop, the company linked most closely to the quarterly rally this year - rose 2.4% after its retail results, as announced following the bell.

Wall Street indexes have moved lower this week amid a lack of cues, with most investors moving on Thursday off the sidelines ahead of key inflation data.

The Fed's meeting of the next week is also expected to shed more light on bank policy tapering plans. While inflation in the last 12 months has soared, a dovish labor market is generally expected to keep the Bank sluggish.

At 06:15 a.m. The Dow E-minis were up 1.75 points or 0.14%, Dow - E-minis down 20 points or 0.06%, while Nasdaq 100 E-minis were up 20 points or 0.14%.

A strong earnings season had seen Wall Street increase to record highs throughout May with analysts suggesting markets took a pause in recent weeks after the gains.

Shares of major banks came under some pressure as Bond yields sank to one-month lows.

Chinese stocks in the United States have little reaction to a broad package of legislation intended to shore up the United States' capacity to compete with Chinese technology.

China drew some criticism with the move. On this term, we are working on our own terms. We get very angry.

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