U.S. equities drift lower after a hotter CPI print
· seekingalpha.com
U.S. October CPI rose 0.4% month over month, above the 0.3% forecast, while core CPI topped estimates at 0.3%, lifting Treasury yields.
U.S. equities stumbled lower on Tuesday as October’s inflation report showed price pressures easing less than investors had expected.
The blue-chip Dow (DJI)...