Reported about 1 year ago
US stocks pulled back on Friday as European turmoil rattled nerves, leading to retreat from all-time highs. The Dow Jones Industrial Average fell about 0.5%, with the S&P 500 and Nasdaq also dropping. The cooling of wholesale price pressures gave hope to investors expecting interest-rate cuts, but uncertainties remain as the Federal Reserve adjusted its rate cut projections. Tesla's shares saw a boost after CEO Elon Musk's pay package win. European stocks were also down, with concerns about a possible far-right win in France's snap election.
Source: YAHOO