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10./00am: All eyes on Fed comments Wall Street made a mixed start to trading on Wednesday as investors assessed whether a slightly stronger than expected US inflation figure goes against the Federal Reserve’s long-standing mantra that pricing pressures are transitory. After around half an hour of trading, the Dow Jones Industrial Average was 155.94 points or 0.5% lower at 34,222, while the S&P 500 index shed 0.15%, but the tech=laden the Nasdaq Composite was 0.4% firmer.
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