US stocks fall on inflation fears
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•Stock market today: Dow, S&P 500, Nasdaq fall as investors await key inflation data
90% Informative
Dow Jones Industrial Average closed down 0.3% after muted trading on eve of consumer inflation report.
Consumer inflation report is key to the path of interest rates.
Consumer prices are expected to show inflation of 2.7% , a slight uptick from October 's 2.6% annual gain in prices.
On a "core" basis, prices in November were expected to have risen 3% over last year .
Bitcoin prices retreated about 3% Tuesday afternoon , briefly floating below $ 95,000 a token in afternoon trade.
Shares of Super Micro Computer ( SMCI ) fell as much as 9.8% on Tuesday after CEO said he does not believe company will be delisted from Nasdaq .
Walgreens ( WBA ) in talks to sell itself to private equity firm Sycamore Partners .
Google stock jumps 4% after new quantum chip debuts.
Consumer Price Index is expected to show inflation continues to make little progress toward the Federal Reserve's 2% goal.
ADP chief economist Nela Richardson likens the final push to 2% inflation to the struggles of the "last 5-pound " in a race.
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