Stocks closer lower despite cooling inflation data

) closed lower on Friday. Both the S&P 500 and Nasdaq Composite have closed higher 7 of the prior 9 months, with the Nasdaq also closing higher 9 of the prior 10 weeks. Friday's close also marks the end of both the second quarter and the first half of the year. Traders had a lot to grapple with in the day's trading, includingLet's see where the major averages ended on the day lower after starting the day higher pretty much across the board here.

And for the first quarter for the second quarter, uh, and the NASDAQ the worst perform on the day down seven in 10th of 1% here. Um, so seeing that downward movement also quick check on what's going on with the yields as we got that inflation data this morning that came in bang in line with estimates continue to show that we are seeing inflation moderate and yet not seeing moderation in the 10 year 4.34%.Yes, Uh, kind of a ho hum way to end the quarter here, A little bit of downside action in the indices.Story continuesBut overall, let's check out the sector action.

Only energy and communication services in the green to the downside, utilities down the most 1.8% but also materials, staples and tech all down 1% or more When we take a look at the here, regional banks did the best KR up 4.5% or thereabouts.Cannabis stocks, Chinese stocks.If you're tired of coming across the same dividend stocks over and again, here's one analysts love that provides a high yield and a cheap share price. The post 9.

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