"U.S. Stock Market Sees Minimal Movement Amid Holiday-Shortened Trading Week: Live Updates"

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Source: CNBC
"U.S. Stock Market Sees Minimal Movement Amid Holiday-Shortened Trading Week: Live Updates"
Photo: CNBC
TL;DR Summary

S&P 500 futures are nearly unchanged following the market's first losing week in over a month, with concerns over inflation and interest rate cuts weighing on investor sentiment. The Nasdaq Composite led the decline, dropping over 1.3%, while the S&P 500 slipped about 0.4% and the Dow saw a narrow loss of around 0.1%. Wholesale prices rising more than expected and January's inflation data have reinforced the Fed's cautious approach to interest rate adjustments. The shortened trading week will see investors monitoring economic data and corporate earnings reports from Home Depot, Walmart, and Palo Alto Networks.

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