Mumbai, Feb. 16 -- The tech-heavy Nasdaq dipped 50.48 points (0.2%) to 22,546.67, adding to the steep loss posted on Thursday, the S&P 500 inched crept up 3.41 points (0.1%) to 6,836.17 and the Dow inched up 48.95 points (0.1%) to 49,500.93.

U.S. stocks ended lower for the week, with the Nasdaq tumbling 2.1%, the S&P 500 slipping 1.4% and the Dow losing 1.2% amid choppy trading following the release of January's consumer price inflation report. The Labor Department said consumer prices rose 0.2% in January versus expectations for a 0.3% increase while the annual inflation rate eased to 2.4% from 2.7%, coming in below forecasts. Core prices rose 0.3% month-over-month, matching estimates, with the annual core rate edging down to 2.5%.

The...