US stocks gave up early gains as CPI came in hotter than expected. The Dow finished down 327 (-1%) points after being up 423, the Nasdaq underperformed, losing 3.2%. SPI Futures are down 35 (-0.5%) points, with CBA and XRO results out this morning. Catch up on the latest with Henry’s Breakfast Briefing.

• ASX 200 SPI Futures down 35 points.
• Dow falls another 327 points down 1.0% in volatile trade.
• Nasdaq drops 373 points (3.2%)
• S&P 500 falls 66 points (1.7%)
• US CPI comes in at 8.3%. Ahead of forecasts but off highs.
• Gold rallies 0.7%. Iron ore up 3%. Base metals better.
• Oil up 5%. 
• CBA results in focus.

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