Dow slips a 2nd day after August's slightly hotter core-inflation reading
(Image by Oleg Gamulinskiy from Pixabay)
(CNBC) -- The Dow Jones Industrial Average fell Wednesday as traders absorbed a hotter-than-expected August core inflation print.
The Dow lost 70.46 points, or 0.20%, to 34,575.53 for its second straight decline. Meanwhile, the S&P 500
was up 0.12% to 4,467.44. The Nasdaq Composite added 0.29%.
3M was the biggest laggard in the 30-stock Dow, dropping more than 5.7%. Caterpillar shares were lower by 2%. Meanwhile, Apple shares declined more than 1%, falling for a second day.
The post Dow slips a 2nd day after August's slightly hotter core-inflation reading appeared first on WND.