Reported about 10 hours ago
The US stock market experienced a downturn on Wednesday, with the S&P 500 and Nasdaq Composite slipping following the release of inflation data that revealed minimal progress towards the Federal Reserve's 2% target. Despite the Dow showing slight gains, the tech-heavy Nasdaq fell about 0.6% due to disappointing earnings reports from major companies like Dell. As the Thanksgiving holiday approaches, traders remain cautious, especially with uncertainties surrounding future Fed actions on interest rates.
Source: YAHOO