Dow closes 422 points lower after a surprisingly bad inflation report
- The Dow plunged 1.35% to 38,359, far from reaching 40,000 just weeks ago.
- Inflation rose to 3.5% in March due to rents and gas prices, exceeding expectations.
- Investors are uncertain about potential interest rate cuts by the Federal Reserve.
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Leaning Left2Leaning Right2Center3Last Updated19 days agoBias Distribution43% Center