This article will be updated throughout the day, so check back often for more daily updates. Two days ago, news that US retail consumer inflation rose only 2.7% in July (that’s 0.1% less than expected) sent the stock market flying,

For investors, the July CPI print was just right, as it raised the odds of a rate cut at the next Fed meeting while showing that inflation isn't spiraling.

Most stocks are falling on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. Three out of every four stocks in the S&P 500 index dropped,

Wall Street is edging back from its record heights after a disappointing report said inflation was worse last month.

Global shares hit a record high and the dollar weakened on Wednesday as investors cheered mild inflation data, and expectations of a U.S. rate next month buoyed demand for riskier assets.