The monthly inflation rate fell for the first time in more than four years.was about flat for the day, slipping just 32.39 points, or 0.08%. Every stock in the Magnificent Seven fell for the day, withdropping more than 2%. Meanwhile, this year's winning and losing stocks swapped for the day as stocks with huge market capitalizations fell but smaller stocks had a good day.
— CNBC's Brian Evans, Jesse Pound, Jeff Cox, Hugh Son, Yun Li, Katie Bartlett, Rebecca Picciotto, Dan Mangan and Josephine Rozzelle contributed to this report.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jim Cramer's top 10 things to watch in the stock market FridayWall Street is on track for another day of gains following the release of the Fed's preferred inflation gauge for May.
Source: CNBC - 🏆 12. / 72 Read more »
5 things to know before the stock market opens FridayHere are five key things investors need to know to start the trading day.
Source: CNBC - 🏆 12. / 72 Read more »
5 things to know before the stock market opens FridayHere are five key things investors need to know to start the trading day.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Friday's analyst calls: Solar stock gets a price target increase, Nike downgrades after earningsA solar stock and an apparel giant were among the names being talked about by analysts on Friday.
Source: CNBC - 🏆 12. / 72 Read more »
5 things to know before the stock market opens FridayHere are five key things investors need to know to start the trading day.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Jim Cramer's top 10 things to watch in the stock market FridayThe S&P 500 and Nasdaq are taking a breather Friday. But Adobe is surging after a tour-de-force quarter.
Source: CNBC - 🏆 12. / 72 Read more »