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Kiplinger
Kiplinger
Business
David Dittman

Stock Market Today: Stocks Shrink From Highs as CPI Looms

Stocks closed mixed to lower.

The main equity indexes struggled for direction throughout the session before closing in the red, as market participants awaited tomorrow's inflation report and its implication for interest rates.

The Nasdaq Composite notched another new intraday high, and the S&P 500 was up early too, but they joined the Dow Jones Industrial Average in a day-long drift as investors anticipated the release of Consumer Price Index data for November.

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