S&P 500 enters correction, inflation data: Market Takeaways

The S&P 500 ( ^GSPC ) has fallen into correction territory after all three of the market averages ( ^DJI , ^IXIC , ^GSPC ) were dragged lower in Thursday's session. The Nasdaq Composite closed the trading day by nearly 2% lower.

Yahoo Finance senior markets reporter Josh Schafer highlights several of the day's most notable trading themes, including how investors are reading the latest inflation data ahead of the Federal Reserve's March FOMC meeting next week.

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