All three major U.S. stock indexes closed slightly lower
All three major U.S. stock indices closed slightly lower, with the Nasdaq down 0.42%, the S&P 500 down 0.28% and the Dow down 0.08%. Trump Media Technology Group (DJT) rose more than 16% on its first day of trading.
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New York Fed warns: Service sector input and sales prices surge, significant price pressure
A survey by the New York Federal Reserve shows that service sector input costs and prices in October rose sharply, while the business activity index fell to its lowest level since March. Businesses have turned pessimistic about the outlook, with increasing inflation and interest rate pressures.
