US CPI inflation rises to three-year high at 4.2% as energy prices soar; Dow Jones, NASDAQ fall 1%

CJPN24 AI Desk2 min read
US CPI inflation rises to three-year high at 4.2% as energy prices soar; Dow Jones, NASDAQ fall 1%
US CPI inflation rises to three-year high at 4.2% as energy prices soar; Dow Jones, NASDAQ fall 1%
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📋 News Brief — Summary from Upstox. Read the full story below.

The US stock markets remained volatile on Wednesday after the inflation numbers hit three-year high levels.

The Dow Jones fell 1.2%, the S&P500 dropped 0.9%, and the tech-heavy NASDAQ index plunged over 1.3% on Wednesday.

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