Wall Street flat as investors digest inflation data
* Traders add to Fed rate cut bets as inflation eases * Nike slumps after results * Infinera jumps after Nokia to buy company * Indexes down: Dow 0.3%, S&P 0.17%, Nasdaq 0.21% By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl June 28 – U.S. stocks were muted on Friday after an early rally