After four down sessions, U.S. equities firmed into the close as August CPI matched expectations, easing the week’s rate jitters sparked by hotter PPI and a spike in crude.
Mixed results The S&P 500 and the NASDAQ posted overall gains for the first time in four weeks but the Dow finished in negative territory again, if only slightly. The NASDAQ outperformed its peers by a wide margin, despite sustaining a nearly 2% decline on Thursday.
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
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