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Benzinga
Benzinga
Business
Lisa Levin

Why U.S. Stocks Are Trading Lower Following Producer Inflation Data

Inflation Nasdaq

U.S. stocks traded lower this morning, following the release of economic reports on initial jobless claims and producer prices

Following the market opening Thursday, the Dow traded down 1.92% to 30,182.23 while the NASDAQ fell 2.01% to 11,021.66. The S&P also fell, dropping, 2% to 3,725.83.

Also check this: Markets In Extreme Fear With Rising Inflation Rates

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