---
title: "Wall Street drifts lower after a hotter than forecasted PPI inflation print"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286285119.md"
description: "Wall Street's major indices fell on Wednesday following a higher-than-expected wholesale inflation report. The Dow dropped by 0.3%, the S&P 500 decreased by 0.1%, and the Nasdaq Composite also fell by 0.1%. Six out of the eleven S&P sectors were in the negative territory, indicating a broad market decline."
datetime: "2026-05-13T15:15:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286285119.md)
  - [en](https://longbridge.com/en/news/286285119.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286285119.md)
---

# Wall Street drifts lower after a hotter than forecasted PPI inflation print

Wall Street’s major market averages shifted lower on Wednesday as the wholesale inflation report came in hotter than expected. The blue chip Dow (DJI) was -0.3%, the benchmark S&P 500 (SP500) was -0.1%, and the tech focused Nasdaq Composite (COMP:IND) was -0.1%. On a sector-by-sector basis, six of the 11 S&P segments were in the red, with utilities...

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