SINGAPORE - A combination of rising inflation and falling consumer sentiment overshadowed good earnings reports and strong retail numbers, injecting volatility into equity markets last week.
The Dow fell nearly 300 points during Friday's (July 16) session, resulting in a 180-point loss for the week to 34,687.85. Meanwhile, the broader S&P 500 slid 42.39 points to close at 4,327.16, and the tech-heavy Nasdaq lost 274.68 points to close at 14,427,24.
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