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Stocks drop due to high US inflation rate

The local stock market continued to decline after news of a high US inflation rate sent share prices tumbling.
The main index dropped 63.03 points or 0.97 percent to close at 6,467.01 with the Mining and Oil index leading the retreat across the board. Volume remained thin at 761 million shares wort ....

Lui Limlingan , Regina Capital Development Corporation , Federal Reserve , Financial Senior Supervisor , Research Japhet Tantiangco ,