U.S. CPI Slows, IBM Drops 25%, SK Hynix Rises 27%
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The US consumer price index has slowed, leading to a rise in futures. This development has also impacted the stock market, with SK Hynix rising 27% and IBM dropping 25%. The slowing inflation appears to have eased concerns about potential federal reserve actions, boosting the S&P 500 and Nasdaq.