U.S. stocks ended sharply lower on Wednesday as investors analyzed Q4 GDP data and awaited crucial inflation data that could impact the Federal Reserve's interest rate strategies.
Wall Street closed with a mixed performance on Tuesday as investors awaited crucial inflation data, which could influence the Federal Reserve's interest rate decisions.
The stock market was in a holding pattern on Tuesday as traders await key inflation data later this week. The Nasdaq Composite was up 0.2%. The CBOE Volatility Index, or Vix, was down 2.2% to 13.44.