Nasdaq Down Over 100 Points; US Producer Inflation Stalls In February

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U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Thursday.

Following the market opening Thursday, the Dow traded down 0.18% to 41,276.26 while the NASDAQ dipped 0.71% to 17,523.60. The S&P 500 also fell, dropping, 0.33% to 5,580.80.

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Leading and Lagging Sectors

Energy shares gained by 0.9% on Thursday.

In trading on Thursday, consumer discretionary shares dipped by 1.8%.

Top Headline

U.S. producer prices unexpectedly stagnated in February, while core inflation posted a rare contraction, reinforcing hopes that cost pressures may be easing despite lingering concerns over trade tariffs.

U.S. producer prices came in unchanged in February from January compared to a revised 0.6% increase in the previous period and versus estimates of …

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