US stocks were mixed on Friday as Wall Street tempered its rate-cut hopes amid economic data this week that showed higher-than-expected wholesale inflation and a rise in July retail sales. Traders also awaited Friday's meeting between President Trump and Russian President Vladimir Putin,

After trading at a fresh record high earlier Friday, the Dow was no longer on track to record its first record close of 2025, with stocks losing some of their earlier altitude. Investors digested [a d