US Stocks End Mixed amid Economic Data and Fed Officials Comments

US stocks closed mixed Wednesday, with the Dow Jones Industrial Average snapping a 7-day winnings streak, as investors digested economic data and comments from US Federal Reserve officials.

    The Dow Jones industrial average closed down 54.92 points, or 0.29%, to 18,868.14. The S&P 500 lost 3.45 points, or 0.16%, to 2,176.94.  The Nasdaq Composite added 18.96 points, or 0.36%, to 5,294.58.

    The Producer Price Index (PPI) for final demand was unchanged in October, seasonally adjusted, worse than market consensus of a 0.3-percent increase, the US Labor Department reported Wednesday.

    Meanwhile, US industrial production was unchanged in October after decreasing 0.2% in September, the Federal Reserve announced Wednesday.

    Investors also watched closely on the Fed officials' remarks for more clues on the timing of a next rate hike. US stocks had been on a tear since the real estate developer's surprise victory in the November 8 US presidential election. The Dow had closed higher for the previous seven sessions, with the last four at record levels.