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The S&P 500 and Nasdaq 100 both halted their five-week winning streak on Friday, prompted by two inflation reports that were hotter than expected, giving fuel to concerns the Federal Reserve might delay interest rate cuts. Earlier in the week, the Consumer Price Index report revealed an annual inflation rate of 3.1%, surpassing the anticipated 2.9%. Additionally, core inflation, excluding energy and food items, came in higher than predicted at 3.9% instead of the expected 3.7%. Worries about a challenging path ahead to reach the Fed’s 2% target intensified Friday as the Bureau of Labor Statist…

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