Tag: price surge
As inflation data raises doubts about the Fed’s next move, US equities give up early gains and close lower.
Stocks in the United States have lost some of their recent gains. Even after crucial inflation statistics indicated that prices grew less than predicted in August, the stock market gained on Tuesday. The S&P 500 finished in the red, with Apple down 1.37 percent. The Dow Jones Industrial Average has dropped over 300 points.