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Wall Street falls after hot inflation report burns hopes for rate cut

Stock Market Today: Asian Shares Are Mixed, Taking Hot US Inflation Data in Stride

Stock Market Today: Asian Shares Are Mixed, Taking Hot US Inflation Data in Stride
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Stock market today: Wall Street falls after hot inflation report burns hopes for a June rate cut

U.S. stocks fell on worries that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend. The S&P 500 lost 0.9% Wednesday.

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