U.S. stocks fell after a report said inflation is unexpectedly worsening for Americans
ByThe Associated Press
February 12, 2025, 4: 14 PM
U.S. stocks fell after a report said inflation is unexpectedly worsening for Americans.
The S&P 500 dropped 0.3% Wednesday, though it had been on track for a much worse loss of 1.1% at the start of trading. The Dow Jones Industrial Average fell 0.5%, while the Nasdaq composite wound up little changed.
Stocks pared their losses through the day as oil prices eased. Treasury yields leaped to crank up the pressure on financial markets after the morning’s inflation report showed an unexpec