Bicoin.com news: On Wednesday, U.S. stocks trimmed gains as semiconductor stocks fell. The Dow Jones Industrial Average fell below the break-even line, the S&P 500 index saw little change, and the Nasdaq Composite index also fell 0.1%. Although chip-equipment maker ASML raised its optimistic outlook for AI demand and lifted its full-year sales forecast to above Wall Street expectations, the semiconductor sector was unable to boost sentiment. As for economic data, the Producer Price Index showed that wholesale inflation in June cooled faster than expected, reflecting that Consumer Price Index data also showed the largest month-over-month decline in inflation since April 2020. This helped offset upward pressure on oil prices caused by President Trump saying he would increase the pressure for attacks on Iran.