News Formal

Stock market today: Dow, S&P 500, Nasdaq slip after hotter-than-expected inflation print

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Nasdaq Composite समाचार

Consumer Inflation

Investors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.

US stocks drifted lower on Thursday after the latest consumer inflation print came in hotter than anticipated, setting up expectations for the path of interest rates. The Dow Jones Industrial Average slipped nearly 0.2%, while the S&P 500 shed roughly 0.3%, after both clinched fresh record highs. The tech-heavy Nasdaq Composite also edged down 0.5%. Consumer prices rose 0.2% last month, according to US government data, more than the 0.1% rise Wall Street was expecting.

But the jobs market provided a surprise of its own on Thursday, as initial unemployment claims rose to 258,000, much more than Wall Street anticipated and the highest print since June 2023. Read more: What the Fed rate cut means for bank accounts, CDs, loans, and credit cards Amid all the moving parts, traders now see a 15% chance that the Fed holds rates steady in November, per the CME FedWatch Tool.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 47. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Stock market today: Dow, S&P 500, Nasdaq futures stall with Fed and Google breakup in focusInvestors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Stock market today: Dow, S&P 500, Nasdaq surge as Fed fires up rallyWall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Stock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoriaWall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Stock market today: Dow, S&P 500, Nasdaq futures surge as Fed fires up rallyWall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Stock market today: Dow, S&P 500, Nasdaq slip as 10-year jumps past 4%Investors have overhauled their views on interest rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start of earnings...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Stock market today: Stock rally loses steam as S&P 500, Dow slip from recordsNow that the Fed has started cutting rates, the economy has taken to the fore for investors.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »