In other corporate news, Boeing (BA Quote) was a winner on the Dow after the company said it will push back deliveries of its 787 Dreamliner by about three months, a delay that's shorter than some observers had feared would be necessary. Boeing finished the session up 2.6% at $79.87.
As for the data, the Labor Department got things started by saying the December consumer price index, which measures inflation on the retail level, rose a greater-than-expected 0.3%. The core number, excluding food and energy, advanced 0.2% and met estimates. The core CPI figure, a key measure of inflation, is now up 2.4% over the last year, putting it above the Fed's so-called comfort zone. The report follows Tuesday's producer price index, which unexpectedly fell 0.1% last month. The core PPI rose 0.2%, as had been forecast.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,226.94 | 1,093.07 | 2,154.06 | 34.86 |
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