S&P 500 and Nasdaq slide on mixed economic data
Wall Street indices traded lower today as slowing fourth-quarter growth and rising energy costs fueled stagflation fears. The Dow faced its worst week in years.
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The benchmark S&P 500 index experienced a decline during volatile trading on Friday, positioning major indices for a weekly loss as investors in the United States grappled with a combination of decelerating economic growth and geopolitical instability in the Middle East.
