Wall Street closes lower following latest inflation report
Wall Street closes lower following latest inflation report
By DAMIAN J. TROISE and ALEX VEIGA
Stocks fell broadly on Wall Street Tuesday as new data showing that inflation is still running high put a spotlight on what action the Federal Reserve will take as it holds its last meeting of the year.
The S&P 500 index fell 0.7%, adding to its losses from a day earlier. Nearly 70% of the companies in the benchmark index fell, led by technology stocks. Only…
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