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Wall Street · New YorkNEW YORK (AP) — Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. But gains for Amazon andSee the Story
Most US stocks fall after a disappointing inflation update, but Big Tech keeps Wall Street steady
49% Center coverage: 43 sources
Wall StreetBy Gregor Stuart Hunter SINGAPORE (Reuters) -Stocks in Asia made an uneven recovery as higher-than-expected producer price inflation dampened expectations of a jumbo rate cut at the Federal Reserve’s September meeting, while U.S. bonds and equity futures stabilised. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3% after a report on Thursday from the Bureau of Labor Statistics which showed the Producer Price Index increase…See the Story
Asia markets stumble as hot PPI print reins in Fed rate cut hype
45% Center coverage: 9 sources
