Argus

β€’

May 12, 2026

Sector(s)

Communication Services, Utilities, Technology, Industrials

Summary

The major indices are lower at midday Tuesday, with the Nasdaq down more than 1%. Inflation is rising faster than expected. Headline CPI came in at 3.8% for April, in line with consensus but well above the 3.3% pace the month before. Core CPI was 2.8% for April, above the 2.7% f

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