Most stocks fell Thursday on Wall Street after a new report said inflation was worse last month at the US wholesale level than economists expected. Seven out of every 10 stocks.
Most stocks fell Thursday on Wall Street after a new report said inflation was worse last month at the US wholesale level than economists expected. Seven out of every 10 stocks in the S&P 500 fell. Gains for Amazon and certain other influential Big Tech companies helped mask the losses.
The inflation report said that prices jumped 3.3% last month at the US wholesale level from a year earlier. That was well above the 2.
