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Investor's Business Daily

Investor's Business Daily

Business

Business & Economics

Dow Jones, S&P 500, Nasdaq futures tumble as Wall Street reacts to hotter-than-expected inflation report

Investor's Business Daily
Summary
Nutrition label

78% Informative

The Labor Department's January consumer price index rose 0.3% on the month , with an annual increase of 3.1% .

The core CPI inflation rate climbed 0.4% in January , with a 3.9% annual increase.

Heavy sellers included Arista Networks ( ANET ) and Cadence Design Systems ( CDNS ).

Apple is forming a new double-bottom base with a new buy point at 196.38 .

Microsoft shares remain out of buy range past a 384.30 buy point in a flat base.

The software giant dropped 2% Tuesday morning .

Apple stock must retake the key 50-day moving average, a potential resistance level.

VR Score

80

Informative language

84

Neutral language

48

Article tone

formal

Language

English

Language complexity

31

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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