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US open: Stocks trade lower as annual CPI hits three-year high

By Iain Gilbert

Date: Tuesday 12 May 2026

(Sharecast News) - Major indices were in the red early on Tuesday as investors digested April's consumer price index report.
As of 1500 BST, the Dow Jones Industrial Average was down 0.51% at 49,449.17, while the S&P 500 shed 0.37% to 7,385.10 and the Nasdaq Composite came out of the gate...

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