Sunday, September 7, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Lifestyle

US: Stocks close lower as inflation remains in focus

by Riah Marton
in Lifestyle
US: Stocks close lower as inflation remains in focus
Share on FacebookShare on Twitter


WALL Street stocks ended the week on a downcast note on Friday (Mar 15), with all three major indices retreating as traders looked ahead to next week’s US central bank interest-rate decision.

The Federal Reserve is due to make the policy announcement next Wednesday at the end of a two-day meeting, with all eyes on signs of when the first rate cut could take place.

While the Fed has signalled it is likely to start lowering rates this year, hotter than expected wholesale price data and consumer inflation has reignited concerns that cuts could come later than anticipated.

The Dow Jones Industrial Average fell 0.5 per cent to 38,714.77.

The broad-based S&P 500 Index lost 0.7 per cent to 5,117.15, while the tech-focused Nasdaq Composite Index dropped 1.0 per cent to 15,973.17.

“We’ve an inflation environment that is taking us from six (rate) cuts down to three and there is current belief that the Fed wants to stay with the three cuts,” said Jack Ablin of Cresset Capital.

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

He added that with inflation being “much more stubborn” than expected, he would also be watching for signs of how the central bank is interpreting recent economic data.

Among individual companies, shares of Microsoft were down 2.1 per cent.

Other major tech names such as Apple, Amazon and Google-parent Alphabet also lost ground.

Chipmaker Nvidia’s shares edged down 0.1 per cent. AFP

Tags: CloseFocusinflationRemainsStocks
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

Next Post
Bradley Cooper and Gigi Hadid Seal Their Romance With a Kiss in New PDA Photo – E! Online

Bradley Cooper and Gigi Hadid Seal Their Romance With a Kiss in New PDA Photo - E! Online

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In