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Stock Market Today: Stocks Fall After September CPI Report

Thursday's hotter-than-expected inflation update sent Treasury yields spiking and stocks tumbling. Stocks were choppy for most of Thursday's session as investors mulled over the latest inflation data. However, the main benchmarks took a sharp turn lower in afternoon trading as Treasury yields spiked. Ahead of the open, data from the Bureau of Labor Statistics showed that the September Consumer Price Index (CPI) was up 0.4% month-over-month and 3.7% year-over-year. While these figures w...
United Kingdom South Africa Bill Adams Bureau Of Labor Statistics Comerica Bank European Union
Source: yahoo.com

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