The Dow Jones Industrial Average fell Wednesday, reversing a recent rebound, as investors parsed escalating geopolitical tensions and the latest gauge of U.S. inflation. The Dow industrials fell 0.9%. The S&P 500 declined 0.5%, and the Nasdaq Composite fell 0.3%. Major indexes posted their largest one-day rise in more than two weeks Tuesday but remain more than 6.5% off all-time highs hit earlier this year. U.S. crude oil climbed 2% to its highest level since December 2014, supporting shares of energy firms Investors were digesting the latest updates on the economy and monetary policy. U.S. The consumer-price index fell 0.1% from a month earlier, the first decline since May 2017. Excluding energy and food, consumer prices rose 0.2%, extending a trend of steady growth. Among individual stocks, Facebook shares added 1.4%.Netflix shares climbed 2.2% to $304.71 after JPMorgan Chase analysts raised their price target on the streaming giant to $328 from $285. Shares of Fastenal shed 6.3% after the maker of fasteners and manufacturing tools posted quarterly earnings that were in line with expectations. The US Gold price rose overnight jumping 1% to 1352.8 $US/oz.
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