Market Report - US Close

US close: Stocks fall as inflation fears hit sentiment

By Benjamin Chiou

Date: Wednesday 12 Feb 2025

(Sharecast News) - US stocks finished mostly lower on Wednesday after an unexpected acceleration in core inflation spooked markets, causing bond yields to rise strongly.
"Hotter-than-expected inflation has given investors something new to fret about, with the data presenting the Federal Reserve with less of a reason to cut interest rates...

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