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U.S. PPI rises 6%, exceeding expectations; Dow Jones once drops 300 points
May 14, 2026
U.S. PPI rises 6%, exceeding expectations; Dow Jones once drops 300
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The Middle East war significantly boosts energy prices, U.S. producer prices in April hit the fastest growth rate in four years. U.S. stocks had mixed performance on 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 and Nasdaq both hit record highs at the open and close. After a slight pullback, the S&P 500 briefly turned up 0.8%, reaching 7,460 points. The tech-heavy Nasdaq rose as much as 1.48%, to 26,474 points, mainly driven by Nvidia's executive ...
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