"Market Update: Dow Falls, Bitcoin Surges as Wall Street Awaits Inflation Data"

TL;DR Summary
US stocks were mostly flat as investors awaited crucial inflation data, with the Dow falling 0.5% and the S&P 500 slipping 0.1%, while the Nasdaq traded flat. Bitcoin surged to two-year highs, surpassing $57,000 per token, buoyed by a large investment from MicroStrategy. Consumer confidence fell from a two-year high, and Macy's announced plans to close 150 stores. Additionally, shares of Viking Therapeutics soared 70% after positive trial results for its weight-loss treatment, while Whirlpool's guidance reflected continued pressures in the housing market.
- Stock market today: Dow falls as Wall Street awaits inflation data, Bitcoin surges Yahoo Finance
- Wall Street wavers ahead of key inflation data Reuters
- Dow opens little changed as markets consolidate after run to records msnNOW
- Dow falls 150 points as stock-market rally stalls after run to records MarketWatch
- US stocks mixed; retail earnings, weak durable goods in focus By Investing.com Investing.com
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