From Nasdaq:

The S&P 500, Dow Jones, and Nasdaq all down after bearish PPI and retail sales reports. Initial unemployment claims fall slightly. PPI report shows stronger than expected inflation outlook. Fed Chair hints at possible rate cut, markets predicting June meeting. Chip stocks down, tech giants up. U.S. Steel drops. Meta higher on TikTok legislation news. Dollar General exceeds expectations. Dick’s Sporting Goods up 15%. Citigroup rating upgrade. Oracle up on analyst upgrade. Robinhood and Lithium Americas gain. Bitcoin at record high. Coinbase and Marathon Digital down. Earnings reports from Dollar General, Dick’s Sporting Goods, and more.



Read more at Nasdaq: Stocks Lower On Bearish PPI and Retail Sales Reports