The stock market has come to a close for today, with the S&P 500 falling 1.05%. In addition, the Nasdaq 100 declined by 1.73%. In the U.S., the most important pieces of economic data came in the forms of the New Home Sales report and, more importantly, the Personal Consumption Expenditure (PCE).
Accelerating Inflation Sends Stock Market Lower
Accelerating Inflation Sends Stock Market…
Accelerating Inflation Sends Stock Market Lower
The stock market has come to a close for today, with the S&P 500 falling 1.05%. In addition, the Nasdaq 100 declined by 1.73%. In the U.S., the most important pieces of economic data came in the forms of the New Home Sales report and, more importantly, the Personal Consumption Expenditure (PCE).