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Hotter-Than-Expected Inflation Data May Lead To Initial Pullback On Wall Street
Summary by RTTNews
8 Articles
8 Articles
Hotter-Than-Expected Inflation Data May Lead To Initial Pullback On Wall Street
Stocks may move to the downside in early trading on Tuesday, giving back ground following the substantial rally seen to start the week. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.8 percent.
Prices rose 0.4% compared to the previous month, above what analysts expected
·Madrid, Spain
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US inflation was higher than expected in October. The news caused the Stockholm Stock Exchange to lose momentum while US interest rates rose and the dollar strengthened.
Economy - Breaking News: The US Consumer Price Index (CPI) rose 0.4% month-on-month in October, exceeding expectations.
Coverage Details
Total News Sources8
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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