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U.S. PPI surges 6%, exceeding expectations; Dow drops 300
May 14, 2026
U.S. PPI rises 6%, exceeding expectations; Dow Jones drops 300
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The Middle East war significantly boosts energy prices, U.S. April producer prices hit the fastest growth rate in four years. U.S. stocks generally declined early Wednesday; the Dow opened down 85 points, with the decline expanding to as much as 309 points, hitting a low of 49,451 points. The S&P 500 briefly fell 0.35%, but the tech-heavy Nasdaq rose 0.31%, mainly due to Nvidia CEO Jensen Huang joining President Trump’s visit to Beijing at the last minute, causing the stock price to rise nearly 3%. The …
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