Dow, S&P 500, Nasdaq slide on the concerns of inflation, ending the 4th month winning below

American actions withdrew from record heights on Friday while Wall Street digested an update on consumer inflation who showed that prices have made a quasi-superior above the Fed objective in July.

The industrial average of Dow Jones (^ DJI) fell around 0.2% and the S&P 500 (^ GSPC) lost 0.6%. The Nasdaq Composite, heavy with technologies (^ ixique), led retirement, down more than 1.1%. Big Tech collapsed, NVIDIA (NVDA) decreased by more than 3% to finish the week after having published his highly anticipated income report.

After reaching a record in August, the S&P 500 and DOW finished the month with 1.4% and 2% gains, respectively, marking the fourth consecutive month of winnings for these indices. The NASDAQ also crowned in August with a gain of 1.6% in its fifth consecutive month.

A key measure of inflation increased as planned in July, new government data showed on Friday. The “basic” personal consumption expenditure index, closely studied by the central bank, increased by 0.3% on a monthly basis and by 2.9% on an annual basis, greater than the inflation target of 2% of the Fed. The two numbers correspond to the expectations of economists, although the annual pace has marked the greatest increase since February.

Meanwhile, the feeling of American consumers refused a three -month hollow while consumers in a survey by the University of Michigan suggested to expect inflation to increase over the next year.

Friday data intervenes after the signs of a resilient economy helped to remove the S&P 500 and Dow Jones Industrial Average to new heights of all time on Thursday.

The bets according to which the Fed will facilitate that rates at its September meeting were still rolling on Friday, and the merchants tariffed an 87% chance of a quarter of a quarter after reading the PCE.

Inflation data caps a week of whirlwind for the markets seized by Nvidia’s income and President Trump’s efforts to oust Governor Fed, Lisa Cook, who has taken a new turning point. Friday, a judge should rule on Cook’s candidacy for a temporary ban order.

Despite the decline in Friday actions, the main clues were set for their longest sequence of consecutive monthly gains in more than a year.

The Nasdaq Composite, heavy with technology, was on the right track to see a bump of 2% in August, marking its fifth consecutive monthly increase, the longest sequence of victories in almost a year and a half. For their part, the S&P 500 and the DOW have been set for their fourth consecutive month of earnings, on the right track to add 1.6% and 2% – the longest since September 2024 respectively.

And the Russell 2000 (^ rut), which includes small market capitalization companies, watched a jum of 6% in August, in progress for its fourth monthly increase, the longest sequence in more than four years.