Wall St slips after hotter-than-expected producer inflation data
Wall Street main indexes edged lower on Thursday after producer prices for August raised expectations of an interest rate hike this month. Oil stayed above $100 a barrel amid an escalating Middle East conflict.
Wall Street's main indexes edged lower on Thursday after August producer prices reinforced expectations for an interest rate hike this month. An escalating conflict in the Middle East kept oil prices above $100 a barrel.