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Monday, Aug 08, 2022
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Wall Sreet suffers biggest weekly loss since January after hot Consumer price index data

Wall Sreet suffers biggest weekly loss since January after hot Consumer price index data

U.S. stocks posted their biggest weekly percentage declines since January and ended sharply lower on the day Friday as a steeper-than-expected rise in U.S. consumer prices in May fueled fears of more aggressive interest rate hikes by the Federal Reserve.
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