Inflation Jitters: Stocks Retreat Before Labor Day Weekend

Inflation jitters triggered a late-week stock sell-off! The S&P 500, Dow, and Nasdaq all retreated after hotter-than-expected inflation data spooked investors. Tech stocks like Dell and Oracle took a beating, while Autodesk defied the downturn with an AI-fueled surge. Investors are now sidelined, bracing for the impact of inflation and tariffs on future earnings as Wall Street heads into the Labor Day weekend. Hosted on Acast. See acast.com/privacy for more information.