US stocks slip as investors weigh global growth concerns against Fed stimulus plans

us stocks slip as investors weigh global growth concerns against fed stimulus plans

Sumary of US stocks slip as investors weigh global growth concerns against Fed stimulus plans:

  • Major indexes continued their slide from Tuesday’s session.
  • The S&P 500 fell even after data showed US consumer price index inflation cooled to 5.3% in August from a 13-year high of 5.4% in July.
  • on Wednesday: S&P 500: 4,438.71, down 0.09% Dow Jones Industrial Average: 34,568.53, down 0.03% (9.04 points) Nasdaq Composite: 15,001.88, down 0.25% “Basically, traders are still worried that despite the slow inflation reading and a weak set of US NFP data, the Fed is still likely to start the tapering this year.

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