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Live: ASX set to edge higher, US inflation up 6.4 per cent, Wall Street stocks waver

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US annual inflation comes in at 6.4 per cent, sending the Dow down as ASX investors await key earnings from CBA, Wesfarmers and others. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

By Rhiana WhitsonUS inflation data came out overnight . Monthly inflation rose more than expected at 0.5 per cent, while annual inflation hit 6.5 per cent.P 500 is up 0.1 per cent while the Nasdaq has gained 0.

5 per cent.Share post
 

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