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Wall St slips as hot inflation data fuels rate-hike jitters; Nvidia down 4%

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Wall St slips as hot inflation data fuels rate-hike jitters; Nvidia down 4%
Photo / Coverage: Business Standard - LatestCredit: Agencies
EXECUTIVE SUMMARY

Wall Street fell after stronger-than-expected US inflation data fuelled expectations of a December Fed rate hike, while Brent crude briefly dropped below $90 a barrel.

Key Takeaways

  • Wall St slips as hot inflation data fuels rate-hike jitters; Nvidia down 4%.
  • Wall Street fell after stronger-than-expected US inflation data fuelled expectations of a December Fed rate hike, while Brent crude briefly dropped below $90 a barrel.
  • Wall Street fell after stronger-than-expected US inflation data fuelled expectations of a December Fed rate hike, while Brent crude briefly dropped below $90 a barrel.

Wall Street fell after stronger-than-expected US inflation data fuelled expectations of a December Fed rate hike, while Brent crude briefly dropped below $90 a barrel.

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