Stocks Flat, and So Is Inflation
By Kevin Spak,  Newser Staff
Posted May 15, 2009 8:49 AM CDT
Bradley Silverman, left, and other traders work on the floor of the New York Stock Exchange Thursday, May 14, 2009.   (AP Photo/Richard Drew)
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(Newser) – A pile of economic data couldn’t move stocks this morning. The Dow inched up 24 points, while the S&P and Nasdaq added 0.1% and 0.2%, respectively. The Consumer Price Index was unchanged for April, the Labor Department announced, though Core CPI was up 0.3%. Factory production data, meanwhile, wasn’t as bad as expected; output decreased just 0.5%, after a revised 1.7% fall in March.