Markets follow Thursday’s pullback from records

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Markets fell slightly this morning, with futures for the S&P 500 and the Dow Jones Industrial Average both down 0.1%, the Associated Press reports.

On Thursday, U.S. stocks edged back from earlier records after reports showed inflation was a touch higher last month than expected and more workers filed for unemployment benefits last week.

The S&P 500 slipped 0.2% to 5,780.05, and the Dow Jones Industrial Average dipped 0.1% to 42,454.12 after setting an all-time high the day before. The Nasdaq composite edged down by 0.1% to 18,282.05.

In other dealings this morning, U.S. benchmark crude oil lost 45 cents to $75.40 per barrel. Brent crude, the international standard, declined 42 cents to $78.98 per barrel.

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The dollar rose to 148.75 Japanese yen from 148.51 yen.

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