US Stock Market Declines as Inflation Data Affects Major Indices

Reported about 10 hours ago

U.S. stock markets saw a decline on Friday, with the Dow Jones, S&P 500, and Nasdaq all falling due to inflation concerns following the release of consumer data that indicated rising prices above the Federal Reserve's target. Nvidia led the tech sector losses, dropping over 3% after its much-anticipated earnings report. Despite this pullback, all major indices finished the month with substantial gains, marking four consecutive months of increases for the S&P 500 and Dow, and a fifth month for the Nasdaq.

Source: YAHOO

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