Reported about 5 hours ago
US stocks fluctuated on Thursday after a consumer inflation report showed higher-than-expected increases, leading to uncertainty about future interest rates. The Dow Jones fell 0.1% and the S&P 500 remained mostly flat after recently hitting record highs, while the Nasdaq saw slight gains, aided by rises in tech stocks like Nvidia and Amazon. Consumer prices climbed 0.2% in September, exceeding Wall Street's expectations, bringing up concerns about inflation and the labor market as jobless claims surged to their highest since June 2023.
Source: YAHOO