2023-08-10 02:34
Wall Street ends lower as investors await US inflation data
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 7, 2023. REUTERS/Brendan McDermid U.S. stock s closed lower on Wednesday, the day after a report showed Americans borrowed more than ever on their credit cards in the last quarter, and a day ahead of U.S. Consumer Price Index (CPI) inflation data that could influence Federal Reserve interest rate decisions. 'The market s today are just kind of waffling around. And the reason for that is tomorrow is going to be the CPI report for July being released', said Jason Krupa, vice president of asset management at Lenox Advisors.
https://business.inquirer.net/415117/wall-street-ends-lower-as-investors-await-us-inflation-data
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https://business.inquirer.net/415117/wall-street-ends-lower-as-investors-await-us-inflation-data
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