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Stock market today: Indexes trade mixed as investors assess rate outlook after new inflation data
- US stocks traded mixed on Wednesday as traders assessed inflation data and the outlook for rates.
- Inflation rose 0.2% for the month and 2.6% on a yearly basis, in-line with expectations.
- Traders see a rate cut in December, with the outlook for a January cut less certain.
- The latest inflation data dented some of the momentum of the post-election stock rally.
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