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International Business Times

Business

Stocks Fall After Warsh Warns About Inflation, But S&P 500 Closes Winning Week

Kevin Warsh Inflation the Federal Reserve US Federal Reserve Jackson Hole

Stocks fell on Friday after Fed Chair Kevin Warsh warned about sticky inflation. (Credit: Reuters)

Stocks fell on Friday after Federal Reserve Chair Kevin Warsh warned about stubborn inflation in his speech at Jackson Hole.

The Dow Jones Industrial Average edged down 0.02%, while the S&P 500 dropped 0.25%. The tech-heavy Nasdaq Composite underperformed, falling 0.52%. However, the S&P 500 closed the week in green.

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