Major U.S. stock-indexes lower for a second day on Friday as investors assessed corporate earnings and data showed that U.S. inflation barely rose in March as consumer spending remains tepid. Adding to the day's selling pressure, inflation data clouded the path of future rate hikes by the Federal Reserve. The Commerce Department said the personal consumption expenditures price index, excluding the volatile food and energy components, edged up 0,1% last month after an upwardly revised 0,2% increase in February.
Most of Dow stocks in negative area (23 of 30). Top looser - Wal-Mart Stores Inc. (WMT, -3,18%). Top gainer - Caterpillar Inc. (CAT, +0,58%).
All S&P sectors in negative area. Top looser - Healthcare (-1,8%).
At the moment:
Dow 17607.00 -154.00 -0.87%
S&P 500 2050.25 -22.25 -1.07%
Nasdaq 100 4314.00 -68.00 -1.55%
Oil 45.83 -0.20 -0.43%
Gold 1292.00 +25.60 +2.02%
U.S. 10yr 1.84 +0.00
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