单项选择题
I have to tell it was another down day on Wall Street, ending a down week. Earlier in the week it was the Subprime Mortgage story, now renewed concerns about inflation, consumer prices rose a little bit more than expected in February, and that has investors worded, partly because the Fed is unlikely to cut interest rates while prices are on the rise. So as a result, stocks ended broadly lower today, taking a look at the Big Board at the New York Exchange, the Dow lost 49 points, the NASDAQ Composite fell 0.25%, the S&P 500 dropped more than 1/3 %.
Which of the following statement is true?()
A.It was a down week on Wall Street.
B.Consumer prices dropped a little bit more than expected in February.
C.The Fed is likely to cut interest rates.
D.Investors were not worried about the inflation.