US stock markets experienced a slight downturn today, with the S&P 500 and Nasdaq showing minimal gains, while the Dow fell by 140 points. The weak market breadth, indicated by only 100 S&P 500 stocks closing higher and the Invesco S&P 500 Equal Weight ETF down 0.9%, reflects underlying weakness. A disappointing July producer price index fueled concerns about interest rate cuts and future inflation, adding to market uncertainty despite upcoming economic data releases.

Prepared by Christopher Adams and reviewed by editorial team.