Stocks drift ahead of consumer inflation data

  • Stocks drift ahead of consumer inflation data

    U.S. stocks drifted for most of the session ending little changed ahead of Thursday's consumer price index, the latest measure of inflation at the Main Street level. Investors also shrugged off minutes from the Federal Reserve's last meeting which highlighted the challenging battle against inflation amid an aggressive rate tightening cycle. In commodities, oil fell over 2% to $87.27 per barrel.

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