Stocks Slide As Investors Brace For Inflation Data

Stocks continued their sluggish price action today, with all three major indexes finishing modestly lower. The Dow logged its fourth-straight triple-digit loss as the tech sector continued to churn, with software stalwart Oracle (ORCL) a latest culprit. Wall Streetow braces for November's consumer price index (CPI) due out tomorrow morning, just as the Cboe Volatility Index logs its highest close in over two weeks.

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GOLD STAYS HOT AHEAD OF CPI DATA

Oil prices rose again today, albeit marginally, as middle east tensions and China's economic developments propped up black gold. For the session, January-dated West Texas Intermediate (WTI) crude added 22 cents, or 0.3%, to settle at $68.59 per barrel.

Gold prices rose leading up to the big CPI reveal tomorrow. For the session, gold for December delivery added 1.2% to settle at $2,718.40 an ounce.


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