Wall Street’s main indexes dipped on Wednesday due to critical inflation data and Fed remarks.

Rate-sensitive megacap growth and technology firms like Nvidia, Apple, and Tesla fell 1.3% to 4.6%.

The Federal Reserve may keep interest rates constant until economic data changes.

The July CPI is expected to show a small year-over-year acceleration, with consumer prices expected to rise 0.2%.

The Dow Jones Industrial Average fell 1.0% and Wells Fargo 1.5%.

Energy stocks jumped 1.6%, and seven of the top 11 S&P 500 sectors rose.

Penn Entertainment’s shares rose 7.6% after a $2 billion sports betting contract with ESPN, Walt Disney’s shares increased 0.8%, and Lyft’s good earnings prediction was overshadowed by its announcement to increase competitive pricing.

As of Tuesday, 78.6% of S&P 500 businesses have reported results.