On Wednesday, May 14, U.S. markets closed mixed. The S&P 500 closed slightly higher after a quiet session, with investors awaiting economic data following gains earlier in the week tied to easing inflation and a U.S.-China tariff pause.

Tech stocks rose on AI deals in the Middle East, while trade uncertainty and Fed signals kept markets cautious. The Dow slipped, and the Nasdaq advanced.

In economic data, U.S. mortgage applications rose slightly in the week ending May 9, up 1.1% from the previous week, easing after an 11% jump the week before.

Most S&P 500 sectors fell Wednesday, led by losses in health care, materials, and real estate, while tech and communication stocks gained.

The Dow Jones Industrial Average declined 0.21% to 42,051.06, the S&P 500 gained 0.10% to 5,892.58, and the Nasdaq surged 0.71% to 19,146.81.

Asia Markets Today

Eurozone at 06:00 AM ET

• The European STOXX 50 index was down 0.49%.
• Germany's DAX index declined 0.10%.
• France's CAC 40 fell 0.22%.
• The U.K.'s FTSE 100 index traded higher by 0.08%.

Commodities at 06:00 AM ET

U.S. Futures at 06:00 AM ET

Dow futures were down 0.31%, S&P 500 futures declined 0.49%, and Nasdaq 100 futures fell 0.67%.

Forex at 06:00 AM ET

The U.S. Dollar Index declined 0.28% to 100.79, USD/JPY was down 0.55% to 145.87, and USD/AUD rose 0.22% to 1.5589.

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