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- US stocks traded mixed on Wednesday as investors awaited the July CPI report.
- Markets are hoping cooler inflation will push the Fed to end its rate hike campaign.
- August has been a tough month so far for stocks, with the summer rally losing steam.
US stocks fell Wednesday as investors waited for key inflation data to roll out Thursday morning.
Major indexes ended in the red, continuing this week’s sell-off and struggling to recover as August proves tough for investors coming off a hot streak earlier this summer.
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