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US stocks lower midday as investors digest ‘hot’ inflation data

US stocks lower midday as investors digest ‘hot' inflation data

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12.05 pm: Equities ease as consumer prices in October rose at the fastest pace since 1990 US stocks were lower in noon trading as the consumer price index for October increased by a greater-than-expected 6.2% from a year ago, the largest annual increase since 1990.  At midday, the Dow fell 40 points to 36,281, while the S&P 500 eased 7 points at 4,679 and the tech-heavy Nasdaq slipped 78 points to 15,809.

...read full article on Proactive Investors

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