Stocks fall sharply to end the week. ‘Stagflation’ fears are back in the spotlight. - MarketWatch
1. DJIA fell 1.7%, losing about 716 points on disappointing data. 2. February PCE data showed inflation rising above 2% target. 3. Consumer spending declined, heightening concerns over economic health. 4. Fed futures indicate increased expectations for future rate cuts. 5. Tariff concerns are creating uncertainty in trade policy.