New Delhi, Sept. 12 -- US stocks were mixed on Friday, a day after all three major indices hit fresh record highs on hopes of a Federal Reserve interest rate cut next week.

As of 9:35 AM Eastern Time, the S&P 500 was virtually unchanged, the Dow Jones Industrial Average was down 0.1%, and the Nasdaq Composite was 0.1% higher.

At the open, the Dow Jones Industrial Average fell 30.9 points, or 0.07%, to 46,077.14. The S&P 500 rose 3.2 points, or 0.05%, to 6,590.66, while the Nasdaq Composite rose 35.6 points, or 0.16%, to 22,078.629.

The new records on Thursday came after the US consumer price inflation rose 2.9% on-year in August.

Following the weakness in labor market, investors expect a 25 basis points rate cut at the US central bank...