US stocks dipped following a record-setting week for Wall Street.
Market futures are down (ES=F, NQ=F, YM=F) as Consumer Price Index (CPI) data for January came in slightly hotter-than-expected. As the market begins to price in the new reading, investors are looking to the Federal Reserve for cues as to what the inflation data could mean for future monetary policy decisions. Yahoo Finance Reporter Alexandra Canal joins the Live show to break down the latest CPI print and where inflation is showing up across categories. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
China’s consumer price index fell 0.8% year-on-year in January.