Wolfe Research analyst Nigel Coe downgrades AMETEK (NYSE:AME) from Outperform to Peer Perform.
Dow Drops 100 Points; US Budget Deficit Narrows Sharply In June
U.S. stocks traded mixed toward the end of trading, with the S&P 500 and Nasdaq Composite moving higher on Wednesday. The annual inflation rate in the US increased to 9.1% in June, the highest level since November 1981.