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Donald TrumpBy STAN CHOE, Associated Press Business Writer NEW YORK (AP) — Wall Street is edging back from its record heights on Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. The S&P 500 slipped 0.2% from its all-time high set the day before. The Dow Jones Industrial Average was down 104 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was shaving 0.1% o…See the Story
US Stocks Dip After Disappointing Inflation Data Dents Hopes for Coming Cuts to Interest Rates
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