
U.S. stocks pared some losses midway through trading, with the Nasdaq Composite turning higher on Wednesday. The annual inflation rate in the US increased to 9.1% in June, the highest level since November 1981.
The Dow traded down 0.58% to 30,800.64 while the NASDAQ rose 0.19% to 11,285.78. The S&P also fell, dropping, 0.27% to 3,808.63.
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