US Stock Market Slips as Inflation Report Influences Fed Expectations

Reported 28 days ago

US stocks saw a decline on Wednesday as investors reacted to a fresh inflation report indicating a drop in consumer prices for August. The S&P 500 fell over 1.2%, while the Dow Jones and Nasdaq also experienced losses, as market bets shifted towards a smaller interest rate cut from the Federal Reserve amid mixed economic signals and political developments from the recent Trump-Harris debate.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis