Reported 1 day ago
Today, the stock market saw declines in major indices like the S&P 500, Nasdaq, and Dow amid rising inflation data and uncertainty over potential interest rate cuts by the Federal Reserve. Fresh producer price index figures showed an unexpected increase, leading to doubts about the timing of the Fed's easing cycle. Amidst this volatility, tech giants like Nvidia faced declines, while the broader market grappled with the implications of a slowing economic environment.
Source: YAHOO