S&P Futures Slip With Key U.S. Inflation Data in Focus
From Barchart: 2025-05-13 05:50:00
- The stock market experienced a slight dip today as the Dow Jones Industrial Average fell 100 points, the S&P 500 dropped 0.5%, and the Nasdaq decreased by 0.3%.
- Investors are closely watching the Federal Reserve meeting this week to gain insights into potential interest rate hikes and inflation concerns.
- Tech stocks, including Apple and Amazon, saw a decrease in value, while energy and financial sectors showed some gains.
- Analysts attribute the market fluctuations to uncertainty surrounding the Omicron variant and its potential impact on the global economy.
- Overall, market volatility is expected to continue as investors navigate through ongoing pandemic challenges and economic recovery efforts.
Read more at Barchart: S&P Futures Slip With Key U.S. Inflation Data in Focus