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CPI Report Today: Tech Stocks Slide Ahead of May Inflation Data — Live Updates WSJStock market today: Dow, S&P 500, Nasdaq futures pare losses as CPI report lands, US-Iran truce teeters Yahoo FinanceWall Street points toward another tech sell-off while oil prices jump after US attack on Iran Boston HeraldMorning Bid: The chips are blue Reuters
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The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
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Inflation hit 4 percent for the first time in three years in May, driven by surging gas prices from the Iran war.
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The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
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