The Dow Jones today falls after January's Consumer Price Index (CPI) comes in higher than estimated and U.S. retail sales unexpectedly fall.
Dow futures plunged as much as 300 points this morning after January's CPI data showed a greater than estimated uptick in prices. This larger than expected uptick confirms analysts suspicions that inflation is increasing.
Tags:dow jones today
To get full access to all Money Morning content, click here
About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.
Disclaimer:© 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
The post Dow Jones Today Drops Sharply as Prices Increase and Retail Sales Fall appeared first on Money Morning - We Make Investing Profitable.