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Dow falls 350 points after January wholesale inflation rises more than expected

Por: MarketWatch Business February 16, 2023

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What’s driving markets Equity indexes slid sharply on Thursday morning as traders assessed the latest batch of mixed data on the U.S. economy. See: After the January consumer-price index showed only slow progress in bringing inflation down, inflation at the wholesale level also rebounded in January. U.S. wholesale prices jumped 0.7% to start the new year, the biggest gain since last summer, offering further proof that inflation is sticky and... + full article



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