Wall Street opens unevenly as inflation remains high

In the first exchanges, the Dow Jones gained 0.10%, the technological Nasdaq remained stable (-0.01%) and the expanded S&P 500 index lost 0.10%.

Inflation fell slightly in November in the United States, standing at 3.1% for 12 months, compared to the 3.2% recorded the previous month, according to the consumer price index (CPI) published on Tuesday by the Department of Labor.

The CPI increased slightly in one month, 0.1%, just above analysts’ expectations, while core inflation – which excludes volatile food and energy prices – remained stable compared to October, at 4.0% in one year, the lowest record in more than two years.

Source: With information from AFP

Tarun Kumar

I'm Tarun Kumar, and I'm passionate about writing engaging content for businesses. I specialize in topics like news, showbiz, technology, travel, food and more.

Leave a Reply