US stocks drift lower while bonds yields rise following the latest update on inflation
NEW YORK (AP) — The U.S. stock market is drifting lower Wednesday after a report said inflation was a touch worse last month than economists expected. Yields in the bond market, home to some of Wall Street's biggest recent worries, ticked higher following the data. The S&P 500 edged down by 0.1% but remains near [...]
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