US stocks fall after jump in wholesale prices last month
US stocks fall after jump in wholesale prices last month
By DAMIAN J. TROISE
Stocks fell in morning trading on Wall Street Tuesday as traders took in the latest sign that inflation is still running high ahead of the Federal Reserve’s last meeting of the year.
The S&P 500 index fell 0.7% as of 10:15 a.m. Eastern. The Dow Jones Industrial Average rose 5 points, or less than 0.1%, to 35,658 and the Nasdaq fell 1.3%.
The benchmark S&P 500 index has…