Stock market news today: Stock futures sink as key inflation report comes in hot

Stock market news today: Stock futures sink as key inflation report comes in hot

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U.S. stock futures languished ahead of the open Friday as the Federal Reserve's most closely watched inflation measure came in hotter than expected, in another sign that price pressures have become sticky into 2023. Futures tied to the S&P 500 (^GSPC) sank 1.2%, while futures on the Dow Jones…

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