Morning Report 01 Sep 25: Wall Street ends lower as investors weigh latest inflation figures
Description
US stocks retreated as investors weighed the latest inflation figures. Data showed US spending rose at the fastest pace in four months, while core inflation posted its biggest gain since February, prompting a more cautious tone. Still, the Dow Jones and S&P 500 notched their fourth straight monthly advance, while the Nasdaq extended its winning streak to five months. Back home, the ASX is set to open lower on Monday, with energy stocks in focus as oil prices ease ahead of the OPEC meeting.
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