The stock market stayed on the defensive on Thursday, as the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) continued to lose ground in the aftermath of Tuesday's latest economic report on consumer prices. Nervousness concerning the likely course of monetary policy from the Federal Reserve and the impact of higher interest rates on the economy's future prospects weighed on investor sentiment.

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Source Fool.com