Dip buyers lost the battle in the US equity market today

<p>Closing changes:</p><ul><li>S&amp;P 500 -07%</li><li>DJIA -0.5%</li><li>Nasdaq Comp -1.1% </li><li>Russell 2000 -0.9%</li><li>Toronto TSX Comp +0.4%</li></ul><p>The bulls bought the dip twice today but jitters ahead of tomorrow's CPI report won out and stocks finished just above the midday lows.</p><p>More broadly, there was a taste of the 2022 market today as oil prices and commodity producers made gains while the broader market stressed about inflation.</p>

This article was written by Adam Button at www.forexlive.com.