Stocks Slide As Investors Brace For Inflation Data

Stocks continued their sluggish price action today, with all three major indexes finishing modestly lower. The Dow logged its fourth-straight triple-digit loss as the tech sector continued to churn, with () a latest culprit. Wall Streetow braces for November’s consumer price index (CPI) due out tomorrow morning, just as the Cboe Volatility Index logs its highest close in over two weeks.closing summary dec10nyse nasdaq dec10Earnings Dec10UVOL Dec10

GOLD STAYS HOT AHEAD OF CPI DATA
Oil prices rose again today, albeit marginally, as middle east tensions and China’s economic developments propped up black gold. For the session, January-dated West Texas Intermediate (WTI) crude added 22 cents, or 0.3%, to settle at $68.59 per barrel.Gold prices rose leading up to the big CPI reveal tomorrow. For the session, gold for December delivery added 1.2% to settle at $2,718.40 an ounce.More By This Author:

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