US stocks: US market opens lower after hot CPI data fuels rate-hike bets

· economictimes.indiatimes.com

Wall Street's major indices took a hit as an inflation report outpaced forecasts, sparking heightened speculation about rate increases. Investors are closely reviewing earnings from key banks, highlighting concerns over escalating inflation. The notable market fluctuations suggest a likelihood of rising interest rates as the economy continues to be assessed.

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