The Dow Jones Industrial Average reversed lower on a key inflation report after Tuesday's stock market plunge on a hot CPI reading. Read More...
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How Can I Protect My Portfolio? Here Are 2 ‘Strong Buy’ Dividend Stocks Yielding at Least 8%
According to the latest CPI (consumer-price index) report, U.S. inflation cooled down slightly from July but not enough to appease the markets. Overall prices rose by 8.3% from the same period a year ago, slowing down from July’s 8.5% uptick and further down from June’s 40-year high showing of 9.1%. On a monthly basis, after plateauing in July, consumer prices rose by 0.1%. As the expectation was for a rise of 8.1% over last year and a drop of 0.1% compared to last month, the markets did what th
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