Nasdaq leads Wall St declines as tech stocks slump after inflation data
Wall Street's main indexes fell on Wednesday, with the Nasdaq leading declines as technology stocks slumped ahead of the Thanksgiving holiday, while investors focused on the Federal Reserve's next move following an in-line inflation reading.
Stock Market Today: Stocks Stall on Tariff Talk, Inflation Data
Market participants hoping for a more dovish stance on monetary policy had a mixed reaction to the latest inflation data. The Fed's preferred measure of consumer prices – the Personal Consumption Expenditures Price Index (PCE) – showed that inflation came in a bit hot last month.
A selloff in giant technology companies dragged down stocks, while the latest economic data gave support to the Federal ...
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The 30-stock Dow popped roughly 440 points, or about 1%, to a new record close during regular trading. The S&P 500 gained 0.3 ...
Shares are mostly higher in Europe and Asia, tracking last week's gains on Wall Street. Analysts said investors were viewing ...
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FTSE 100 futures are falling by 0.4%, while the pound is sliding a touch, sitting just below $1.26 Stay with us for ...
MSCI's global equities index edged lower and the dollar slipped with Treasury yields on Wednesday as investors digested the ...
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