US stocks were mixed on Friday as Wall Street tempered its rate-cut hopes amid economic data this week that showed higher-than-expected wholesale inflation and a rise in July retail sales. A meeting between President Trump and Russian President Vladimir Putin was also in focus as traders looked for clues on how the outcome could steer markets.

Major U.S. stock-market indexes have mostly shrugged off Thursday's surprisingly hot PPI reading. But according to Tom Essaye, founder and president of Sevens Report Research, the data have helped to chip away at three key pillars supporting the stock-market rally.

The S&P 500 is looking more likely to face a correction, thanks to the risks from tariffs and low volatility in the market, Goldman Sachs says.

Intel rallies as U.S. discusses taking stake in chip maker

Just four Big Tech stocks — Nvidia, Microsoft, Meta, and Broadcom — account for 60 percent of the benchmark index’s total returns so far this year, according to a new analysis from DataTrek Research. They’re also responsible for pushing headline valuation levels to dot-com bubble levels.

Is this time different? "It better be," warns BofA strategist Michael Hartnett. By one metric, stock valuations are beyond what was seen in 2000.

In his 2023 letter to shareholders, Warren Buffett reminded Berkshire Hathaway investors that major market panics "won't happen often -- but they will happen." They are a fact of life in markets ultimately made up of humans -- humans prone to getting caught up in waves of "feverish activity" and "foolishness."

The stock market cut losses but it wasn't enough to erase all of the early losses made on a hot inflation report.

Four Big Tech names have been responsible for 60% of the stock market gains this year, and the rally could keep on going.

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Citi raised its forecast for where the S&P 500 will finish the year, joining Bank of America, Goldman Sachs, Deutsche Bank and others that raised their targets recently. Those forecasts, however, cluster around where the index stands now -- mostly between 6,