Stocks slump as Wall Street braces for inflation spike

Aug 11, 2025 - 23:00
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Stocks slump as Wall Street braces for inflation spike
Stocks closed with losses Monday as Wall Street braces for the first federal inflation report released after President Trump ousted the head of the agency responsible for producing it. The Dow Jones Industrial Average closed with a loss of 201 points, falling 0.5 percent Monday.  The S&P 500 index and Nasdaq composite each fell 0.3…