US equities give back a big chunk of gains

<p>The FX market was ahead of the stock market today as enthusiasm quickly waned following the CPI report. That speaks to the caution that's seeped into the market this month.</p><p>The S&amp;P 500 is now up just 15 points to 4500 after rising to 4544 at the highs of the day following the CPI report.</p>

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

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