04:12 PM EDT, 05/08/2024 (MT Newswires) -- US equity markets ended mixed Wednesday following the latest batch of economic data.

* Wholesale inventories in March were unrevised from the 0.4% decline in the advance reading, as expected in a survey compiled by Bloomberg. Wholesale sales fell by 1.3% due to lower sales of autos and petroleum.

* The Mortgage Bankers Association reported a 2.6% increase in mortgage applications in the week ended May 3 after a 2.3% decrease in the previous week. Refinancing activity and new home applications were lifted by declining mortgage rates.

* June West Texas Intermediate crude oil closed up $0.77 to $79.15 per barrel, while July Brent crude, the global benchmark, was last seen up $0.57 to $83.73 after the Energy Information Administration reported US oil inventories fell last week.

* Uber ( UBER ) shares fell 6.3% after the company reported a wider loss in Q1.

* Anheuser-Busch Inbev ( BUD ) shares were up 4% after the company reported higher-than-expected Q1 results.