U.S. stocks closed mixed as the recent market rally settled in the later hours of Thursday's session. Investors weighed a better-than-expected July PPI report, which along with Wednesday's July CPI, was an encouraging indicator for inflation and the economy, showing that inflation may be slowing down. The S&P 500 closed down 0.07%, the Nasdaq Composite dropped 0.58%, and the Dow fell by 0.08%. Ross Mayfield, an investment strategy analyst at Baird, joined Cheddar News' Closing Bell to discuss.