Us Stocks Pointedly Lower Ahead of Inflation Reading and Tariff Threats
US stocks pointed mostly lower Friday following a key inflation reading that largely met expectations and as fresh tariff threats added to uncertainty over Big Tech prospects. The S&P 500 (^GSPC) wavered around the flatline, while the tech-heavy Nasdaq Composite (^IXIC) was down about 0.4% after suffering an Nvidia-led (NVDA) sell-off on Thursday. The Dow Jones Industrial Average (^DJI) added 0.2%.
- The uncertainty surrounding Big Tech and trade policies may be having a more profound impact on market sentiment than the latest inflation data, which could be masking underlying issues with economic growth.
- As investors continue to navigate this complex landscape, will the recent decline in interest rates prove to be sufficient to counteract concerns about potential future rate cuts?