US stocks end lower ahead of inflation data

Dow Jones down 0.35%, Nasdaq slips 0.25% and S&P 500 declines 0.3%

By Gokhan Ergocun

ISTANBUL (AA) - US stocks ended lower ahead of inflation figures Wednesday which may affect the Federal Reserve’s interest rate decision.

The Dow Jones Industrial Average fell by 154.1 points, or 0.35%, finishing at 44,247.83.

The S&P 500 fell 17.94 points, or 0.3%, to 6,034.91. The Nasdaq Composite decreased 49.45 points, or 0.25%, to end at 19,687.24.

While the Dow finished above the 45,000 level for the first time last week, the S&P 500 and Nasdaq also ended last week at records.

The VIX volatility index, referred to as the "fear index," fell by 0.07% to 14.18.

Precious metals were in positive territory, with gold adding 1.26% to $2,693.94 per ounce and silver rising 0.25% to $31.90 as of 2225GMT.

Oil prices meanwhile rose around 0.2%, with global benchmark Brent crude at $71.90 a barrel.

Kaynak:

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