US market today: S&P 500, Nasdaq slip from peaks; Dow down 104...

US market today: S&P 500, Nasdaq slip from peaks; Dow down 104 points after hot inflation data

Posted

Wall Street experienced a downturn as wholesale inflation exceeded expectations, diminishing hopes for imminent interest rate cuts by the Federal Reserve. The S&P 500, Dow Jones, and Nasdaq all saw declines following the release of the Labor Department's report. Corporate news also impacted the market, with Tapestry and Deere shares falling due to profit warnings and cautious outlooks.

Read Full Article

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

Entertainment

Ahaan marks 79th Independence Day amid blockbuster success

Ahaan Panday celebrated Indian Independence Day as his debut film, 'Saiyaara', continues to...

By 0 4

International

Toothbrush ban at ICE facility? Justice department opposes use of 'weapon' brush; Judge accuses Trump admin of engaging in 'unconstitutional' game

The Justice Department has opposed providing toothbrushes to detained migrants at a Manhattan ICE...

By 0 5

Business

Market watch: Asian stocks mixed; oil slips ahead of Trump-Putin talks on Ukraine

Asian markets presented a mixed bag as robust Japanese growth contrasted with disappointing...

By 0 5

National

Gold, silver prices fall slightly

KATHMANDU: Gold prices declined slightly on Friday, according to the Federation of Nepal Gold and...

By 0 24

Sports

Chennai Grand Masters 2025: Vincent Keymer wins title with a round to spare

Vincent Keymer clinched the Chennai Grand Masters title, becoming the first non-Indian champion...

By 0 25