US stocks retreated from records as investors took profits after the Federal Reserve’s preferred measure of underlying inflation remained stubbornly high last month.
US stocks retreated from records as investors took profits after the Federal Reserve’s preferred measure of underlying inflation remained stubbornly high last month.
The S&P 500 Index fell 0.7% at 11:10 a.m. in New York, slipping below the key 6,500 ... [358 chars]