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A number of stocks fell in the afternoon session after the CPI report showed 4.2% annual inflation, the highest in three years, with markets fully pricing a December Fed rate hike.
A number of stocks fell in the afternoon session after renewable energy names reacted to their exposure to the rate repricing triggered by the jobs report.
A number of stocks fell in the afternoon session after April CPI hit 3.8% and Brent oil climbed to ~$107 confirming through the consumer data what manufacturers already reported through the ISM survey.
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