Stocs fall as investors remain cautious ahead of us inflammation data
Stocks stumble as caution reigns ahead of U.S. inflation data
LONDON, Aug 9 (Reuters) - Shares slipped and the dollar hung off recent highs on Tuesday as investors eyed U.S. inflation data due a day later that will likely yield clues to any further aggressive Federal Reserve rate hikes.
The stakes are high for the July U.S. consumer prices report on Wednesday after an unexpectedly strong U.S. jobs data last week boosted expectations of a sharp interest rate increase to tackle soaring inflation.
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The broader Euro STOXX 600 (.STOXX) fell 0.6%, after logging its best session in nearly two weeks on Monday, with German stocks (.GDAXI) down 0.7%. Miners (.SXPP) and autos (.SXAP), among top gainers a day earlier, led declines on Tuesday.
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Wall Street futures pointed to slim gains.
"The focus is on tomorrow's U.S. inflation numbers and whether or not they are likely to show a
