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U.S. stocks finished mostly lower on Tuesday after consumer prices in June posted the biggest increase seen since earlier this year, potentially preventing the Federal Reserve from cutting interest ...
Most U.S. stocks slumped on Tuesday after the latest update on inflation hurt Wall Street’s hopes for lower interest rates.
Tuesday's steady trading immediately following the June CPI release gave way to a selloff in Treasurys that was sending the yield on the longest-dated maturity toward its highest level since May. The ...