Wall Street braced for results from retail giants as rising concerns over inflation cloud the path to an interest rate cut.

The Nasdaq and S&P 500 fell on Wednesday as investors sold tech stocks and moved into less highly valued sectors, as they also awaited remarks from Federal Reserve officials at their Jackson Hole symposium this week.

Nvidia, Palantir and other superstar AI stocks are dragging Wall Street lower again. The S&P 500 fell 0.5% Wednesday and was on track for a fourth straight loss after setting

Wall Street is edging lower on Tuesday following drops for Palantir and other stars that had been riding the mania surrounding artificial-intelligence technology. The S&P 500 slipped 0.4% and is on track for a third straight modest loss after setting its all-time high last week.

Nvidia, Palantir and other superstar stocks that surged in the mania surrounding artificial-intelligence technology are dragging Wall Street lower again on Wednesday. The S&P 500 fell 0.9% and was on track for a fourth straight loss after setting an all-time high last week.