But new data shows inflation fell closer to the Fed’s annual 2% target as the economy shows resilience before Election Day
The Dow Jones Industrial Average fell more than 400 points Thursday mid-morning, alongside sharp Nasdaq and S&P 500 declines, following weaker-than-expected earnings reports from Microsoft (MSFT-5.55%) and Meta (META-4.07%). Super Micro Computer (SMCI-13.27%) stock continued to fall following the resignation of Ernst & Young, the company’s auditor, and now it faces potential delisting from the Nasdaq
