Nasdaq falls lower as US stocks trade lower heading for the closing bell

US stocks traded in the downtrend towards Friday’s closing bell, with all three major benchmarks on course for weekly losses as investors considered the latest wholesale inflation data ahead of next week’s Federal Reserve monetary policy meeting. The Dow Jones Industrial Average
djia,
-0.90%

declined 0.4%, while the S&P 500
SPX,
-0.73%

slipped 0.2% and the tech-heavy Nasdaq Composite
comp,
-0.70%

fell 0.1% at last check, according to FactSet data. All three benchmarks were on track to post two consecutive weeks of gains.