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Wall Street set for lower opening ahead of CPI reading

Wall Street set for lower opening ahead of CPI reading

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6.30am: US stocks seen opening down US stocks are expected to open lower as investors await a key inflation report and stocks take a breather from their recent strong run.  Futures for the Dow Jones Industrial Average declined 0.23% in Wednesday pre-market trading, while the broader S&P 500 index shed 0.29% and those for the tech-heavy Nasdaq 100 fell 0.44%.

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