Shares of Several Companies in the Broader Consumer Discretionary Sector Are Trading Lower Amid Overall Market Weakness as August CPI Readings Showed Inflation Came in Greater Than Expected. This Has Caused Economic Concerns and Raised Expectations for Mo

Benzinga ·  Sep 13, 2022 11:04
Shares of several companies in the broader consumer discretionary sector are trading lower amid overall market weakness as August CPI readings showed inflation came in greater than expected. This has caused economic concerns and raised expectations for more aggressive Fed policy, which could negatively impact discretionary spending.
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