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Weekly market recap
For the week, $Dow Jones Industrial Average(.DJI.US)$was back down 0.36%; the $S&P 500 Index(.SPX.US)$is headed for a weekly decline of 0.37%, while the $Nasdaq Composite Index(.IXIC.US)$is looking at a weekly decline of 1.11%.
Concerns about inflation plagued the market, however, a key inflation indicator showed lesser-than-feared price pressures on Friday. The core personal consumption expenditures price index rose 3.5% in June year-over-year. It marked a sharp acceleration in inflation, but came in slightly below a Dow Jones forecast of a 3.6% jump.
Here's a look at the returns of S&P 500 sectors.
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