Mixed Results in Stock Market as CPI Inflation Report Looms

Reported 7 days ago

U.S. stocks ended mixed on Tuesday as investors absorbed key inflation data showing slower-than-expected price rises in December. The Dow Jones Industrial Average rose by about 0.5%, while the Nasdaq Composite fell by approximately 0.2%. Attention is now shifting to the upcoming Consumer Price Index (CPI) report, where an annual inflation increase is anticipated. Additionally, President-elect Trump's administration may consider gradually implementing higher tariffs to combat inflationary pressures, raising concerns about future price stability.

Source: YAHOO

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