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2.46pm: Nasdaq drops in mixed start on Wall Street as inflation moderates
Wall Street faced a mixed start on Friday as personal consumption expenditure figures showed the Federal Reserve’s preferred measure of inflation had eased.
The Nasdaq shed a further 0.8% after the bell, as the S&P 500 moved slightly higher and the Dow Jones ticked up 0.3%.
Figures earlier on showed the PCE index had…
