Investors have been scared of high inflation for a long time, and traders apparently didn't want to have a lot of exposure to the stock market heading into Thursday morning's release of the September Consumer Price Index. After having spent most of the day in positive territory, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) once again set fresh closing lows for the year, and the Dow Jones Industrial Average (DJINDICES: ^DJI) moved modestly lower as well.

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Source Fool.com