S&P 500 falls after higher-than-expected CPI data
15 Feb 2023 – Stocks wavered Tuesday and the Dow fell, reversing earlier gains, after the January consumer price index report showed that inflation grew at a higher-than-expected 6.4% annual rate. However, the CPI figure showed that it edged slightly lower from the 6.5% figure shown in December. That marked the seventh straight month of easing inflation since peaking at 9.1% in June.
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