Most of Wall Street sinks after inflation worsens
- The Dow Jones Industrial Average dropped by 150 points on Wednesday after inflation data was higher than expected, according to reports.
- The Bureau of Labor Statistics reported that the Consumer Price Index increased by 0.5% last month, surpassing Wall Street's expectations of 0.3%.
- U.S. President Donald Trump expressed on Truth Social that he believes interest rates should be lowered.
- Shares of CVS Health Corporation rose after announcing earnings that exceeded analysts' expectations.
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12 Articles
12 Articles
All
Left
5
Center
3
Right
1
Coverage Details
Total News Sources12
Leaning Left5Leaning Right1Center3Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 33%
11%
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