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US stock futures slide after CPI report-check out the Dow Jones right now

What we have seen across the US bond markets following the latest US CPI report is a hawkish reaction and that has seen bonds fall and corresponding yields rise. That has supported the dollar and sent all the US equity futures tumbling. The Dow Jones is now pricing an opening below 40,500, where earlier it was pricing it above 40,700. The S+P 500 and Nasdaq 100 futures are lower too, but the brunt of the move lower has been seen in the Dow Jones. 

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