Market Jitters: Inflation Concerns Shake Wall Street

Wall Street struggled as inflation data signaled greater economic challenges, raising concerns about Trump's tariff policies. Market indices fell, with General Motors and Ford losing ground amid trade tensions. Lululemon's shares dipped significantly after issuing a subdued forecast. Meanwhile, gold prices surged alongside miner stocks due to prevailing uncertainties.

Wall Street faced a volatile session as concerns over inflation gripped investors, with fears that President Trump's tariff policies could exacerbate the economic climate.

Indices fell with the Dow, S&P 500, and Nasdaq lower in premarket trades. Auto stocks, including General Motors and Ford, faced declines amid looming tariff threats.

Lululemon Athletica's shares plummeted after downgrading its forecast, while gold prices hit new highs, boosting miner shares like Harmony Gold. Investors remained cautious amid uncertainty in tariff and monetary policies.

(With inputs from agencies.)