US stock markets today: US stocks dip after weaker-than-expected GDP, higher inflation data

Economic Growth and Inflation - U.S. economic growth slowed more than expected in the fourth quarter, with GDP increasing at a 1.4% annualized rate compared to a forecast of 3.0% [2][10] - Underlying U.S. inflation increased more than anticipated in December, indicating further acceleration in January, leading traders to expect a potential interest-rate cut by the Fed in June [3][11] Stock Market Performance - The main U.S. stock indexes declined, with the Dow Jones Industrial Average falling 105.01 points (0.21%), the S&P 500 losing 16.50 points (0.24%), and the Nasdaq Composite dropping 66.81 points (0.29%) [11] - Eight of the 11 S&P sectors declined, particularly information technology and consumer discretionary, with major stocks like Tesla and Nvidia trading lower [8][11] Private Equity and Technology Sector - Private capital firm Blue Owl Capital experienced a significant drop of 6.5% after a previous decline of 5.9%, due to investor concerns over its strategy to return capital and halt redemptions [8][11] - Other private equity firms, including KKR & Co and Apollo Global Management, also saw declines of around 1% each [9][11] - Technology stocks faced pressure from concerns over high valuations and the effectiveness of AI investments, with companies like Akamai Technologies and Copart reporting significant losses [9][11]