US stocks mixed

Stocks wobbled to a mixed finish today as dramatically lower oil prices offset a US government report that offered new evidence of rising inflation.

US stocks mixed
Wed, 23 Mar, 2005 - 22:12

Stocks wobbled to a mixed finish today as dramatically lower oil prices offset a US government report that offered new evidence of rising inflation.

The Labour Department’s reading of its Consumer Price Index (CPI) showed a higher-than-expected 0.4% rise for February, adding to inflation concerns raised by Federal Reserve policy-makers yesterday.

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CourtsBusinessHeathrowPlace: USPerson: Arthur HoganPerson: Jack AblinOrganisation: US governmentOrganisation: Labour DepartmentOrganisation: Federal ReserveOrganisation: Jefferies & Co.Organisation: CPIOrganisation: DowOrganisation: NasdaqOrganisation: New York Mercantile ExchangeOrganisation: FedOrganisation: TreasuryOrganisation: Harris Private BankOrganisation: New York Stock Exchange
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