Shares fell and bond yields rose after knowledge confirmed one other acceleration in inflation, taking it to a new-four-decade excessive.

The S&P 500 misplaced 1.2% Thursday, a day after the benchmark index rose 1.5% Wednesday. The Nasdaq Composite Index misplaced 1.75%, pointing to losses for expertise shares after the index rallied the day gone by. The Dow Jones Industrial Common edged down 0.6%.


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