Dow, S&P 500, and Nasdaq drop due to PCE inflation concerns
The Dow, S&P 500, and Nasdaq were all down around 1% or less Friday, August 29, 2025 mid-day. Nvidia was down over 3% Friday mid-day and was down -1.94% at 12:18 PM EDT.
The "core" Personal Consumption Expenditures index (PCE), a measure of inflation studied by the central bank, rose 0.3% on a monthly basis and 2.9% on an annual basis. The Fed's inflation target was 2%.
Stock market today: Dow, S&P 500, Nasdaq slide as Nvidia leads tech losses after PCE inflation, consumer data - yahoo!finance
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