Stocks, Gas Prices Take Hits From Rising Consumer Prices and Colonial Pipeline Attack

The price of goods and services unexpectedly surged in April, and the Inflation rate reached a 13-year high, a signal that sent stocks falling further before markets even opened. Meanwhile, the country is seeing a 27 percent spike in gasoline prices compared to this same period last year, and with the Colonial Pipeline attack inciting panic buying at the pump, the fallout could spread out from the Southeast.
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