Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down

US stock markets fell on Wednesday. Tech stocks led the decline. Consumer spending rose, but inflation remained stubborn. Traders expect a Fed rate cut in December, but not in early 2024. Trump's tariff threats added to market uncertainty. Dell and HP's weak forecasts impacted the tech sector. The S&P 500 and Nasdaq saw significant drops. The Dow Jones also fell.