Stock market today: Dow, S&P 500, Nasdaq slide to cap 3rd week of losses as $100 oil sparks inflation fears

Economic Overview - The U.S. stock market experienced a decline, with the Dow Jones Industrial Average falling 0.3%, the S&P 500 decreasing by 0.6%, and the Nasdaq Composite dropping nearly 1%, marking the third consecutive week of losses for all three major indices [1] - Economic growth in the U.S. slowed more than previously estimated, with the real GDP for Q4 2025 revised down to 0.7% growth from an earlier estimate of 1.4% [5] Inflation and Federal Reserve Policy - Renewed concerns about inflation, coupled with rising oil prices, have altered expectations regarding Federal Reserve policy, leading traders to reduce bets on interest rate cuts for the year [2] - The Personal Consumption Expenditures (PCE) index indicated a month-over-month increase of 0.3% in headline prices, while the core PCE, which excludes food and energy, remained unchanged with a 0.4% increase [4] Oil Market Dynamics - The ongoing conflict in the Middle East has resulted in a significant increase in oil prices, with West Texas Intermediate futures rising by 2% to $98 per barrel and Brent crude futures surpassing $100 per barrel [3]