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Stock market today: S&P 500, Nasdaq slide after key Fed inflation gauge shows faltering progress

By Yahoo! Finance   |   1 year ago
Stock market today: S&P 500, Nasdaq slide after key Fed inflation gauge shows faltering progress

US stocks slipped as inflation data showed little progress toward the Fed's 2% target in October. S&P 500 and Dow Jones fell, while Nasdaq dropped over 1%. Market mood is subdued ahead of Thanksgiving. The latest inflation gauge and GDP data were released.

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