U.S. Inflation Stays High but Steady; Stocks Uneven as Tech Rises and Dow Falls; Strong GDP Fuels Hope for 'Soft Landing'
- U.S. inflation remains high but in line with forecasts, Fed seen done raising rates
- Stocks struggle despite tech gains; Dow falls, Nasdaq rises
- Strong Q3 U.S. GDP growth raises chance of 'soft landing'
- Oil prices rise on Middle East conflict fears
- Dollar steadies after hitting new high vs yen; euro remains weak