
Dow Jones Dips as Wall Street Posts Mixed Session Amid Inflation & Bank Earnings
•By ADMIN
Wall Street saw a mixed trading session as the Dow Jones Industrial Average opened sharply lower, sliding about 149 points (roughly 0.3%) to around 49,426, while the S&P 500 and Nasdaq posted modest gains. Investors were balancing optimism from cooling inflation data with caution ahead of major bank earnings results. Despite a reading on consumer prices that broadly met expectations—suggesting inflationary pressures may be easing—broader market sentiment remained cautious. Traders also paid close attention to quarterly earnings from big banks, which have the potential to influence future Federal Reserve policy outlooks. The mixed performance reflects investor uncertainty about the economic trajectory and the timing of potential interest rate cuts.
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