CFD Indices – Wall Street Declined Sharply On Strong US Inflation Data

Market News

  • U.S. three major stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic as a hotter-than-expected inflation report dashed hopes that Fed could scale back its policy tightening in the coming months.
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