03:55 PM EDT, 03/12/2025 (MT Newswires) -- US benchmark equity indexes are on track to close mixed on Wednesday as consumer inflation eased more than projections in February.

The Dow Jones Industrial Average fell 0.2% to 41,372.6, while the Nasdaq Composite increased 1.2% to 17,635.2. The S&P 500 was up 0.5% to 5,597. Technology and communication services were the top gainers.

Tesla (TSLA) shares were up 7.8% despite the 11% decline in vehicle registrations in the US in January, Automotive News reported, citing S&P Global Mobility data.

Palantir Technologies ( PLTR ) was among the top performers on the S&P 500 with shares up 7.5% a day after the company entered into a partnership with Ondas ( ONDS ) autonomous systems business to support the global expansion of Ondas' ( ONDS ) autonomous drone systems.

Estee Lauder ( EL ) shares fell 4.4% after a report that it is using Adobe's (ADBE) generative artificial intelligence Firefly platform in digital market campaigns.

The 10-year US Treasury yield gained 2.9 basis points to 4.3%, while the two-year rate was up 5.2 basis points to 4%.

April West Texas Intermediate crude oil was up 2.2% at $67.68 a barrel.