NEW YORK—Stocks slipped Wednesday, as Wall Street braced for a highly anticipated report on inflation that’s on the way.
The S&P 500 fell 31.67, or 0.7 percent, to 4,467.71 for its sixth drop in the last seven days. The Dow Jones Industrial Average lost 191.13, or 0.5 percent, to 35,123.36, and the Nasdaq composite sank 162.31, or 1.2 percent, to 13,722.02 as Big Tech stocks led the declines.