Reported 1 day ago
U.S. stocks fell on Friday as the House of Representatives rejected a Trump-backed spending bill, raising the likelihood of a government shutdown. The S&P 500 dipped about 0.4%, while the Nasdaq dropped 0.8% amid ongoing concerns regarding inflation, despite recent data indicating a slowdown in price increases. A decline in chip stocks was observed, influenced by Trump's tariff threats against Europe, and notable drops were seen in individual stocks like Novo Nordisk and Tesla following disappointing trial results and recalls, respectively.
Source: YAHOO