Tech stocks weigh as US market pulls back from its latest all-time high
Published on: Aug. 29, 2025, 11:15 p.m. | Source: The Economic Times
Stocks declined on Friday, pulling back from record highs, after inflation data showed prices remained steady. The S&P 500 fell 0.8%, dragged down by technology stocks like Dell, Nvidia, and Oracle. Despite in-line inflation figures, concerns about consumer sentiment and future economic sluggishness persist, influencing expectations for a potential Federal Reserve interest rate cut next month.
