Markets close flat amid reports of rising inflation, Fed plans to taper bond buying - NewsBreak

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By Sain in Business
Updated 3 years ago

Oct. 13 (UPI) -- U.S. markets traded mostly flat on Wednesday as investors processed reports of rising inflation, plans for the Federal Reserve to taper its pandemic easy monetary policy and third-quarter earnings. The S&P 500 gained 0.3% to snap a three-day losing streak and the Nasdaq Composite rose 0.73%....

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