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U.S. Stocks Trade Mixed Following Latest CPI Report

The U.S. Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) report for November Tuesday morning, showing the index up 3.1% on the year.

The latest data matched expectations and was down from 3.2% the month prior. Inflation gained 0.1% on a monthly basis in November after holding steady last month, slightly outpacing expectations.

The core CPI, which strips out food and energy, increased by 0.3% last month after rising by 0.2% in October. Over the last 12 months, the all items minus food and energy index gained 4.0%...

 

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