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Consumer and wholesale inflation data key to market direction

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Published Sun, Feb 11, 2018 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    US stocks plunged last week to the biggest weekly loss since 2011, and the major indexes entered official correction territory in a market meltdown that looks set to continue this week.

    The 2018 stock-market correction was caused by a spike in Treasury yields triggered by the wage-inflation data on Friday, Feb 2.

    That raises the stakes on this week's consumer and wholesale inflation data to fever pitch.

    US stocks

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