Stock Market Today: Stocks Hang On to Gains After Scorching Inflation Update
by Karee Venema
Jan 12, 2022
2 minutes
Inflation was the story of the day on Wall Street, and the latest numbers sparked another choppy session for stocks.
Kiplinger staff economist David Payne previously forecast that inflation would likely end 2021 around a 40-year high, which turned out to be the case.
The Labor Department this morning said its consumer price index – which measures what consumers are paying for goods and services – surged 7% year-over-year in
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