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Wall Street drifts as U.S. inflation slows but remains hot

Por: Los Angeles Times Business December 09, 2022

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Stocks are drifting on Wall Street on Friday after a report showed inflation is slowing, though not quite as much as hoped. The Standard & Poor's 500 was 0.2% lower in morning trading after earlier shifting between very small gains and losses. The Dow Jones industrial average was down 86 points, or 0.3%, at 33,695, as of 10:19 a.m. Eastern time, and the Nasdaq composite was 0.2% lower. Stocks around the world had earlier weakened after a... + full article



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