US stock market today: Wall Street flat; Nasdaq climbs over 1.5% as tech stocks rally

Economic data released on Thursday showed the US economy expanded more slowly than economists had expected during the spring. Inflation remained above the Federal Reserve's target in the latest month, although it came in slightly below market expectations.

US stock market today: Wall Street flat; Nasdaq climbs over 1.5% as tech stocks rally
Economic data released on Thursday showed the US economy expanded more slowly than economists had expected during the spring. Inflation remained above the Federal Reserve's target in the latest month, although it came in slightly below market expectations.