Tech Slump, Oil Dip, Fed Watch | Global News

Wall Street ended Friday mixed as tech stocks dragged the market down, with Micron and Broadcom leading the slide despite more individual stocks rising. Oil prices fell for the first time in a week, fueled by Middle East tensions and weaker global energy buffers, pushing up consumer costs as gas hits $4.10 a gallon — up a dollar from last year. New U.S. tariffs on imports are expected to pass costs to consumers, adding to inflation fears ahead of the Fed’s critical rate decision next week, where analysts now predict at least one rate hike this year. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/044d4da5ba9c91d2