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Stocks resumed their slide Wednesday as concerns about rising inflation trumped a slew of upbeat quarterly reports, including better-than-expected results from Caterpillar Inc. and Intel Corp.
China's main measure of consumer prices rose 1.9 percent in January over the same month a year earlier, the smallest increase in 12 months, the government said Tuesday.
After a decade of relatively tame prices, American consumers are starting to feel the ouch'' of inflation as the cost of everything from coffee, candy and home appliances is marching higher.