World Markets today: US stocks trade flat, Intel down 6-week low, slumps 12%

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Key Points

. US stock market benchmark S&P 500 and Dow Jones Industrial Average were trading on a flat note after the inflation report indicated a sustained easing of price pressures..

ET, the Dow Jones Industrial Average demonstrated a gain of 36.03 points, equivalent to a 0.09% increase, reaching 38,085.16..

Meanwhile, the S&P 500 showed a marginal decline of 3.32 points, representing a 0.07% decrease, with a current value of 4,890.84..

Conversely, its counterpart Visa (V.N) experienced a 2.1% decline, attributed to the largest payments processor's subdued revenue growth projection for the current quarter, which overshadowed an otherwise positive earnings outcome..

On Thursday, the Dow Jones Industrial Average was up 81.36 points, or 0.22 per cent, at 37,887.75, the S&P 500 was up 15.31 points, or 0.31 per cent, at 4,883.86, and the Nasdaq Composite was up 49.29 points, or 0.32 per cent, at 15,531.21..

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