Asia And Europe Markets Slide, Dollar Softens On Inflation Data And Geopolitical Worries - Global Markets Today While US Slept

On Wednesday, June 11, U.S. markets ended lower. The S&P 500 slipped as investors grew wary over Middle East tensions and a reported embassy evacuation. A mild inflation report eased fears about tariff-driven price hikes, boosting hopes for future rate cuts.

Despite a tentative U.S.-China trade deal, skepticism lingered. Most sectors ended lower, with Amazon and Nvidia weighing heavily on the market.

According to economic data, the Bureau of Labor Statistics reported annual inflation at 2.4% in May, with core inflation steady at 2.8%, both slightly below expectations.

Most S&P 500 sectors ended lower Wednesday, led by losses in materials, communication services, and consumer discretionary, while energy and utilities closed higher.

The Dow closed almost flat at 42,865.77, the S&P 500 declined 0.27% to 6,022.24, and the Nasdaq slid 0.50% ...