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US stocks mixed midday as inflation data and earnings weigh

US stocks mixed midday as inflation data and earnings weigh

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12.05 pm: Investors remain cautious as 3Q financial results begin to roll out   US stocks were mixed in noon trading after September’s consumer price index (CPI) rose by a greater-than-expected 0.4% from the previous month and 5.4% year over year. At midday, the Dow fell 116 points to 34,263, while the S&P 500 lost 2 points at 4,349 and the tech-heavy Nasdaq gained 61 points to 14,526.

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