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U.S. stocks finish lower as PPI lifts Fed rate-hike bets; WTI tops $100

  • U.S. stocks ended lower as PPI increased bets on Fed rate hikes.
  • WTI crude topped $100 during the market update.
  • The update referenced SPY, QQQ, DIA and VIXY.

U.S. stocks finished lower after the producer price index (PPI) strengthened expectations for Fed rate hikes, while West Texas Intermediate (WTI) crude topped $100. The update referenced SPY, QQQ, DIA and VIXY.

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