Stocks Fall as Inflation Chatter Makes a September Rate Cut Seem Less Certain

Stocks were falling broadly on Thursday as the latest trickles from Federal Reserve officials suggested a September cut is not guaranteed.

The Dow was down 232 points, or 0.5%. The S&P 500 was down 0.6%. The Nasdaq Composite was off 0.7%.

Odds of a September rate cut were down to 71.5% on Thursday, compared to 82.4% on Wednesday, and 92.1% on Aug. 14, according to the CME FedWatch Tool.