US stock futures higher following Tuesday's 1,200-point plunge

  • US stock futures higher following Tuesday's 1,200-point plunge

    On Tuesday, the Dow tumbled more than 1,200 points while the S&P 500 slid 4% and the Nasdaq lost 5% after a hotter-than-expected inflation report was released. The Labor Department said that the consumer price index rose 8.3% in August from a year ago. Prices climbed 0.1% in the one-month period from July.

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