Wall Street shares fell on Wednesday, with tech stocks leading the decline. The S&P 500 dropped 0.2%, Nasdaq Composite slid 0.7%, while the Dow Jones Industrial Average edged up 0.04%. Analysts cited concerns over valuations and Trump’s influence on tech companies. European shares rose, with FTSE 100 hitting a record high.

Focus now shifts to the Federal Reserve’s Jackson Hole symposium, where Chair Jerome Powell will speak on the economic outlook and policy framework. Traders are expecting a rate cut next month. Minutes from July’s meeting showed most policymakers favored maintaining interest rates despite two dissenters. Sweden kept rates steady, New Zealand cut rates.

Consumer prices in Britain rose 3.8% in July, the highest among G7 economies. Sterling rose briefly, then government bonds rallied. Oil prices climbed 1% on U.S. crude inventory drop. Gold prices rose to $3,348.70 an ounce. U.S. dollar weakened after Trump’s call for Federal Reserve Governor’s resignation.

Read more at Yahoo Finance: Wall Street tech selloff deepens, European shares steady