Investors weren't happy with the latest readings on inflation, and their dissatisfaction showed up in the performance of major stock market benchmarks on Friday.

The Nasdaq Composite (NASDAQINDEX: ^IXIC) posted the largest declines, but the S&P 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI) were also down more than 1% as a key price index ticked up from December to January, which meant persistent price increases remain part of the macroeconomic picture. 

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Source Fool.com