Key Points:
– **S&P 500** fell 0.5% on Friday due to a report on higher-than-expected inflation at the wholesale level.
– **Dow Jones Industrial Average** and **Nasdaq composite** also dropped by 0.4% and 0.8%, respectively.
– **Treasury yields rose** as hopes for a Federal Reserve interest rate cut in March diminished.
Weekly Summary:
– **S&P 500**: Down 0.4%
– **Dow**: Down 0.1%
– **Nasdaq**: Down 1.3%
– **Russell 2000**: Up 1.1%
Yearly Performance:
– **S&P 500**: Up 4.9%
– **Dow**: Up 2.5%
– **Nasdaq**: Up 5.1%
– **Russell 2000**: Up 0.3%