US economic calendar today: Hot PPI knocks Wall Street, Nvidia drags Nasdaq lower
U.S. stocks fell Friday after January producer prices rose 0.5%, exceeding forecasts and stoking inflation concerns. The S&P 500 lost 0.7%, Nasdaq dropped 1.1%, and Dow slipped 1.3%. Tech and financial shares led declines; Dell and Block gained. Traders now await next week’s jobs and inflation data.