U.S. stocks fell today, despite new data that showed that inflation, while slightly down last month, remained elevated above expectations. In New York, the Dow Jones fell for a fifth day in a row, down 326.63 to 31,834.11, the S&P 500 dropped 65.87 to 3,935.18, while the NASDAQ Composite lost 373.44 to 11364.24. Canada’s main stock index closed down 52.81 points at 19,837.25, after gains from a brief morning rally were reversed by an afternoon sell-off.

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