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MarketWatch
U.S. stock futures inch up ahead of CPI data that could show inflation at 40-year high
U.S. equity futures inched higher on Wednesday, though trading was timid ahead of U.S. data that could show stubborn inflation forcing a faster pace of rate rises from the Federal Reserve. On Tuesday, the Dow industrials (DJIA) fell 193 points, or 0.62%, to 30,981, the S&P 500 (SPX) declined 0.9% to 3,819, and the Nasdaq Composite (COMP) dropped 0.9%, to 11,265. The S&P 500 has lost 83.82 points, or 2.1%, over the last three trading days.
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