Shares fall after higher-than-expected key inflation
US shares fell on Friday because the Federal Reserve’s most-watched inflation measure got here in stronger than anticipated, in one other signal that value pressures have turned persistent into 2023. The S&P 500 (^GSPC) sank 1.3%, whereas the Dow Jones Industrial Common (^DJI) fell almost 400 factors, or 1.2%. The technology-heavy Nasdaq Composite (^IXIC) sank …
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