Stock market today: S&P 500 ends lower after upside inflation surprise

Investing.com -- The S&P 500 closed lower Thursday as Treasury yields climbed following a hotter-than-expected inflation report.But producer prices rose more than expected in November, rising 0.4% last month after an upwardly revised 0.3% increase in October, ahead of the expected 0.2% gain.

Adobe, known for its software for creative professionals, has ramped up its investments in AI amid increased competition from smaller players, whose image generating software is expected to eat into Adobe's market share.stock fell nearly 2% after the top stakeholder of the pet products retailer announced plans to sell $500 million worth of stock.) detailed plans to split its cable TV business from its streaming and studio units, sending its shares more than 15% higher to a 52-week high.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: S&P 500 closes lower halting record run as payrolls loomStock market today: S&P 500 closes lower halting record run as payrolls loom
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes lower as Nvidia, AMD lead dip in techStock market today: S&P 500 closes lower as Nvidia, AMD lead dip in tech
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes lower ahead of ThanksgivingStock market today: S&P 500 closes lower ahead of Thanksgiving
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes lower as tech stumbles despite Alphabet jumpStock market today: S&P 500 closes lower as tech stumbles despite Alphabet jump
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500, Dow sidestep Trump's tariff threat to close at recordStock market today: S&P 500, Dow sidestep Trump's tariff threat to close at record
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes at record to wrap up best month of 2024Stock market today: S&P 500 closes at record to wrap up best month of 2024
Source: Investingcom - 🏆 450. / 53 Read more »