Market Recap | Dow Drops After Data on Producer Prices

Stocks turned lower after producer-price data came in hotter than expected, disappointing investors who had hoped for signs of easing inflation before the Federal Reserve’s meeting next week.


The $S&P 500 index(.SPX.US)$ fell 29.13 points, or 0.7%, to 3934.38 Friday after wavering for much of the day. The $Dow Jones Industrial Average(.DJI.US)$ was down 305.02 points, or 0.9%, to 33476.46. The technology-focused $Nasdaq Composite Index(.IXIC.US)$ slipped 77.39 points, or 0.7%, to 11004.62.

# 💰 Stocks to watch today?(15 May)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment61

  • Top
  • Latest
  • Zack44
    ·2022-12-10
    Keeping our fingers crossed 🤞🤞🤞
    Reply
    Report
  • hh488
    ·2022-12-10
    Yeah. Here we go down again!
    Reply
    Report
  • TaiWoeiHaur
    ·2022-12-10
    👋
    Reply
    Report
  • clementsyc
    ·2022-12-10
    nooo
    Reply
    Report
  • Siangsiang
    ·2022-12-10
    like
    Reply
    Report
  • AlanChong
    ·2022-12-10
    Ok
    Reply
    Report
  • 老鼠林
    ·2022-12-10
    ok
    Reply
    Report
  • Nana_seven
    ·2022-12-10
    Ok
    Reply
    Report
  • StarryA
    ·2022-12-10
    👏
    Reply
    Report
  • DMC8
    ·2022-12-10
    Tks
    Reply
    Report
  • The Amateur
    ·2022-12-10
    👍
    Reply
    Report
  • iris小艺
    ·2022-12-10
    [smile]
    Reply
    Report
  • Novem678
    ·2022-12-10
    Nice
    Reply
    Report
  • Jenn79
    ·2022-12-10
    ok
    Reply
    Report
  • Just4ujs
    ·2022-12-10
    Good
    Reply
    Report
  • AngelChin
    ·2022-12-10
    [Miser]
    Reply
    Report
  • FM188
    ·2022-12-10
    👍
    Reply
    Report
  • kianomania
    ·2022-12-10
    Go
    Reply
    Report
  • JeffNg
    ·2022-12-10
    ok
    Reply
    Report
  • TigerMum
    ·2022-12-10
    👌
    Reply
    Report