Major market indices flat as inflation signals tick higher
The S&P was down 0.5% on a weekly basis as of Friday afternoon, while the Dow was up 0.6%. The Nasdaq Composite fell 2% on a weekly basis.
The S&P 500 and the Dow Jones remained relatively flat this past week as new data on inflation showed a monthly uptick in consumer prices for the first time in 12 months.
The S&P was down 0….