Stocks Slip as Inflation Worries Linger; InMode Plunges, Walgreens Jumps After Earnings
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Stock market indexes recovered some losses but remained down on the day after higher-than-expected inflation data.
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Nasdaq dropped 0.6%, Dow fell 0.5%, S&P 500 dipped 0.6%, Russell 2000 lost 2.2%.
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Israel stock InMode plunged nearly 20% after lowering revenue outlook ahead of earnings.
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Walgreens jumped 7% after earnings beat, named new CEO.
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Ford fell 2% as employees walked out of Kentucky plant amid strike.