Skip to content
Subscriber Only

Stocks Drop for Second Day; Treasuries Advance: Markets Wrap

  • Core consumer prices unchanged, showing scant inflation
  • Platinum climbs to six-year high; Bitcoin slips below $45,000
Video player cover image
Bob Doll, Nuveen’s chief equity strategist and senior portfolio manager, says he expects a “great year” for the economy and earnings, and “at least a good year” for the stock market.Source: Bloomberg
Updated on

U.S. stocks notched a second straight small decline after reaching a record, as investors assessed what the latest inflation reading means for aid prospects.

The S&P 500 Index ended and up-and-down session lower by less than 0.1%. The Dow Jones Industrial Average posted a gain, while the Nasdaq 100 retreated. The 10-year Treasury yield fell back below 1.15% after the core consumer price index was unchanged last month.