Wall St ends sharply lower on sticky inflation


The Dow fell 475.84 points, or 1.24%, to 37,983.24. The S&P 500 lost 75.65 points, or 1.46%, at 5,123.41 and the Nasdaq dropped 267.10 points, or 1.62%, to 16,175.09.

NEW YORK: US stocks sold off on Friday after major US banks' results failed to impress, capping a week marked by market-moving inflation data, evolving expectations for US Federal Reserve policy, and looming geopolitical tensions.

All three major indices fell more than 1%, and registered losses on the week.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business

Inflation forecasts see-saw
Tech stocks hit by fresh AI fears
New drivers steering China equities
US policy boosts Singapore banks
PNB sticks to value in IJM takeover
Bond buyers scour Americas
Credibility is Malaysia’s 2026 test
Creating designs that resonate
Stepping out of shadow AI
Governing AI the Asean way

Others Also Read