03:49 PM EST, 02/12/2025 (MT Newswires) -- US benchmark equity indexes were mostly lower ahead of Wednesday's close after official data showed that consumer inflation accelerated in January.

The Dow Jones Industrial Average was down 0.6% at 44,341.3, while the S&P 500 fell 0.3% to 6,051.3. The Nasdaq Composite rose 0.1% to 19,653.1. Among sectors, energy saw the biggest drop, down 2.5%, while consumer staples was the sole gainer.

The US consumer price index increased 0.5% in January from 0.4% the month prior, while the annual measure accelerated to 3% from 2.9%. Core inflation, which excludes the volatile food and energy components, accelerated to 0.4% sequentially and 3.3% annually last month, topping Wall Street's views.

The US 10-year yield was up 9.8 basis points at 4.64%, while the two-year rate added 7.3 basis points to 4.36%.

Cisco Systems ( CSCO ) , Trade Desk ( TTD ) , Robinhood Markets ( HOOD ) and Reddit ( RDDT ) are among the companies scheduled to report financial results after the closing bell.

West Texas Intermediate crude oil dropped 2.7% to $71.33 a barrel.