By CCN Markets: The Dow and broader U. S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session and mirroring a slow morning for Dow futures.

The Dow Jones Industrial Average dropped 43. 68 points, or 0. 2%, to 26,004. 83. The broad S&P 500 Index of large-cap stocks declined 0. 2% to 2,879. 84. Five of 11 primary sectors traded lower, with energy stocks declining sharply.

The post Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid appeared first on CCN Markets

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