S&P 500 Suffers Big Weekly Loss As Investors React To More Discouraging Inflation Data - Aurora Cannabis (NASDAQ:ACB), Ethereum (ETH/USD)


The SPDR S&P 500 ETF Trust SPY suffered heavy losses this week following another round of disappointing inflation data. On Tuesday, the U.S. Labor Department reported an 8.3% rise in the consumer price index in August, exceeding economist estimates of 8% inflation. Following the release of the CPI number, the Dow Jones Industrial Average dropped by 1,276 points on Tuesday, its worst day since Jun...

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