Inflation data pressures Wall Street shares, offsets U.S.-China optimism - NewsBreak

Home > Business
By Yoongi in Business
Updated 3 years ago

WASHINGTON/LONDON, Sept 10 (Reuters) - Wall Street main indexes reversed early gains on Friday after data showing persistent U.S. inflation offset expectations of an easing in U.S.-China tensions after a call between President Joe Biden and China's Xi Jinping. U.S. producer prices increased solidly in August, indicating that high inflation...

inflation-data-pressures-wall-street-shares-offsets-u-s-china-optimism-newsbreak