S&P, Nasdaq end lower after Fed Chair Warsh reaffirms inflation fight
Wall Street's main indexes ended lower with investors turning cautious after Fed Chair Kevin Warsh reiterated the central bank's focus on fighting inflation, increasing prospects for a rate hike.
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Video Summary
AI GeneratedU.S. stocks ended Friday flat to lower as investors reacted cautiously to Federal Reserve Chair Kevin Warsh's commitment to fighting inflation. While the Dow remained steady, the S&P 500 and Nasdaq saw slight declines. Market volatility persists as traders weigh the possibility of a rate hike versus a hold in September ahead of upcoming employment data.
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