Dow slides as wholesale inflation surprises; yields dip under 4% to end a choppy February
TL;DR Summary
Stocks fell after a hotter-than-expected wholesale inflation reading, with the Dow dropping about 400 points as the 10-year Treasury yield slipped below 4%, helping cap a volatile February as investors weigh inflation progress and the path for Fed policy.
- Stock Market Today: Dow, S&P 500 and Nasdaq point to lower start as volatile February comes to a close; Treasury yields keep slipping; PPI data loom; Block, CoreWeave and Netflix in focus MarketWatch
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