General
Wall Street retreats from record highs, US inflation surges in June as demand for used cars jumps
US inflation increased in June at its fastest pace in 13 years amid high demand for used cars and trucks, and rises in food and energy costs.
Key points:
- US consumer prices rise in june by the most since 2008
- The S&P 500 fell 0.4pc to 4,369, the Dow Jones fell 0.3pc to 34,889 and the Nasdaq…
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