Nasdaq Leads Wall Street Lower After Sharp Rally This Week

Nasdaq Leads Wall Street Lower After Sharp Rally This Week
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on Nov. 29, 2021. Brendan McDermid/Reuters
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U.S. stock indexes slipped on Thursday after three straight days of gains following positive updates on the Omicron coronavirus variant, with focus now turning towards inflation data for clues on the Federal Reserve’s policy decision.

Ten of the 11 major S&P sectors declined, with real-estate, energy and consumer discretionary shares falling the most.