[Breaking] New York Stock Market Closes Lower Ahead of Inflation Data... Nasdaq Down 0.95%

[Asia Economy New York=Special Correspondent Joselgina] The three major indices of the U.S. New York Stock Exchange all closed lower on the 12th (local time).

On that day, the Dow Jones Industrial Average fell 0.61% from the previous close. The S&P 500, focused on large-cap stocks, dropped 0.92%, and the tech-heavy Nasdaq index closed down 0.95%.

With the Consumer Price Index (CPI) announcement approaching, concerns over corporate earnings and recession fears have resurfaced, leading to increased risk-averse sentiment.

This content was produced with the assistance of AI translation services.