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US stock market: Dow starts flat, S&P 500 slips 0.19%
Wall Street kicked off Friday on a cautious note, with all the major indexes slipping after fresh inflation numbers dropped.
While the report matched expectations and kept hopes alive for a possible interest rate cut in September, concerns about new tariffs making things pricier had investors feeling uneasy.
Nasdaq drops by 74.8 points
The Dow Jones fell by 45.9 points (0.10%) to start at 45,590.96.
The S&P 500 was down 12.6 points (0.19%) at 6,489.28, and the Nasdaq slid by 74.8 points (0.34%) to open at 21,630.326.
Basically, people are keeping a close eye on how inflation and tariffs could shape what's next for the economy—and their wallets.