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Dow falls over 100 points in final hour of trading, after hotter-than-expected inflation data

Clyde Edgerton by Clyde Edgerton
September 13, 2023
in Markets
Dow falls over 100 points in final hour of trading, after hotter-than-expected inflation data
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U.S. stocks traded mostly lower in the final trading hour on Wednesday, flipping earlier gains, after data shows consumer prices rose 0.6% in August, the biggest increase in 14 months, largely due to higher oil prices. The Dow Jones Industrial Average
DJIA,
-0.20%
dropped 122 points, or 0.4% Wednesday afternoon, and the S&P 500
SPX,
+0.12%
dipped 5 points, or 0.1%. The Nasdaq Composite
COMP,
+0.29%
rose 9 points, or 0.1%, according to FactSet data. 



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