US stocks traded lower on Friday, with Nasdaq Composite falling over 0.4%. The Dow traded down 0.22% to 45,537.65, Nasdaq fell 0.44% to 21,610.49, and S&P 500 dropped 0.24% to 6,486.33. Energy sector rose by 0.3% while technology stocks fell by 0.8%. Inflation rate soared to 2.6% from a year earlier, meeting expectations, as per the US Bureau of Economic Analysis. This surge raises doubts on the timing of Jerome Powell's expected interest rate cuts. More details on Benzinga.com.