Tapestry

Trader Edward McCarthy, left, and specialist James Denaro work on the floor of the New York Stock Exchange, Wednesday, Aug. 13, 2025. (AP Photo/Richard Drew)
Aug 14, 2025

US stocks pull back from records after a hotter-than-expected inflation report

The hotter-than-expected inflation report forced traders to second guess the widespread consensus that the Federal Reserve will deliver some relief next month by cutting interest rates.


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