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Shares of Several Companies in the Broader Communications, Media and Entertainment Industry Are Trading Lower Amid Overall Market Weakness After August CPI Data Showed Greater-than-expected US Inflation. This Has Caused Economic Concerns and Raised Expect

Benzinga ·  Sep 13, 2022 11:56
Shares of several companies in the broader communications, media and entertainment industry are trading lower amid overall market weakness after August CPI data showed greater-than-expected US inflation. This has caused economic concerns and raised expectations for more aggressive Fed policy, which could affect overall consumer spending appetite.
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