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S&P 500 inches lower ahead of latest inflation data: Live updates - TL;DR CNBC

S&P 500 inches lower ahead of latest inflation data: Live updates

Publishing timestamp: 2024-03-11 13:52:05


Summary

The S&P 500 and Nasdaq slipped as the rally cooled off, with tech stocks like Super Micro Computer and Nvidia dropping. Investors are cautious ahead of U.S. inflation data. Materials stocks performed well, while industrial stocks fell. The stock market may be in a transitionary period, but the rally is expected to continue in the intermediate term. Bitcoin-related stocks rose as the cryptocurrency hit a new high. Major indexes had a tough week, with Japan's Nikkei 225 leading losses in Asia. China's consumer price index rose in February, potentially impacting the Bank of Japan's rate decisions. U.S. stock futures were little changed.


Sentiment: MIXED

Tickers: 9984.T-JP7735.T-JPCLSKCHRWIRENMETACOINBALYJBHT.SPX@SP.1AXPNKELLYRIOTNUE.DJICATPDDDUOL@ND.1@DJ.1ROKAIQ6857.T-JPMSTRSTLDUNHFDXHUBBBLDRNEMSMCIALB7012.T-JPBANVDAAMZNIBMMARAURI.N225HWM.IXIC

Keywords: s&p 500 indexbreaking news: marketsmeta platforms incdow jones fut (mar'23)united stateseconomic eventseli lilly and conasdaq 100 fut (mar'23)dow jones industrial averagemarketss&p 500 fut (mar'23)super micro computer incstock marketslabor economybusiness newspricesnvidia corpnasdaq composite

Source: https://www.cnbc.com/2024/03/10/stock-market-today-live-updates.html


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