Stock Markets Give Up Early Gains as Investors Realize Inflation Will Be Tough to Beat

The stock market opened sharply higher on Thursday, but throughout the day, major market benchmarks gave up most of their gains. The S 500 (SNPINDEX: ^GSPC) finished the day just above the unchanged level, and neither the Nasdaq Composite (NASDAQINDEX: ^IXIC) nor the Dow Jones Industrial Average (DJINDICES: ^DJI) managed more than a small rise.

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Source Fool.com