Dow, S&P 500, Nasdaq fall from records after PCE inflation data
US stocks fell from record highs on Friday as Wall Street digested an update on consumer inflation that showed prices firming higher above the Fed’s target in July. The Dow Jones Industrial Average (^DJI) fell nearly 0.5%, and the S&P 500 (^GSPC) fell about 0.7%. The tech-heavy Nasdaq Composite (^IXIC) led the retreat, down 1%….