U.S. Stock Market Shows Stagnation as Investors Await Inflation Data
The U.S. stock market exhibited a state of stagnation on Wednesday, with trading remaining within tight ranges. Investors adopted a “wait-and-see” approach as they eagerly awaited the release of crucial monthly inflation data later in the week. This cautious sentiment prevailed amid concerns about the potential impact of rising inflation on the economy and the subsequent actions by the Federal Reserve.
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