From Nasdaq:

U.S. stocks closed lower as attention turned to upcoming economic data impacting the expected timing of the Federal Reserve’s interest rate cut. Strong consumer and producer price data pushed back expectations for easing to June from May. Investors await reports on durable goods, consumer confidence, and manufacturing activity later this week.

The Dow fell 0.16%, the S&P 500 lost 0.38%, and the Nasdaq dropped 0.13%. The S&P 500 has risen in 15 of the past 17 weeks, a feat last seen in 1989. Micron Technology’s gain helped buoy the Nasdaq, while Berkshire Hathaway dipped on lawsuit concerns. Domino’s Pizza surged, while Intuitive Machines plunged after a lunar mishap.

Declining issues exceeded advancers on the NYSE, while the S&P index recorded new highs and lows. Trading volume was lower than the 20-day average. Top U.S. companies by market capitalization: [https://reut.rs/3uokdrs](https://reut.rs/3uokdrs)



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