Market Dips as Stocks Surrender CPI Gains

The S&P and Dow industrial average have given up their CPI gains, with the Dow down 0.40% and the S&P trading near unchanged. The NASDAQ is still holding onto a 0.53% gain. Most Dow stocks are experiencing declines, with American Express and Chevron being the top losers, while Salesforce, Microsoft, and Apple are among the top gainers. Reports suggest that EU regulators would approve the Microsoft/Activision merger.