BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record.
The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes, toys and other goods that usually are imported suggest stiffer tariffs that President Donald Trump has imposed on other countries are fueling inflation.
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