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Investors Pull in on Chip Stocks After Hot Inflation: Stock Market Today

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(Image credit: Getty Images) All three main equity indexes opened lower after the hottest consumer inflation report since May 2023 seemed to burn all hope for lower interest rates anytime soon. But blue chip stocks lifted the oldest of the benchmarks into the green late in a generally "risk-off" trading session. The April CPI report showed the Consumer Price Index rose 0.6% month over month and 3.8% year over year. Core CPI, which excludes energy and food prices, was up 0.4% on a monthly basis and 2.8% annually. The energy index was up 3.8% in April, accounting for more than 40% of the headline CPI acceleration, and increased by 17.9% compared to April 2025, according to the Bureau of Labor Statistics. At the same time, the front-month West Texas Intermediate crude futures contract was up 4.3% to $102.27 per barrel. WTI is up 60.6% from where it was a year ago and 52.6% since the war between the U.S., Israel and Iran began on February 28.…

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