
The stock market opens with modest losses. Consumer prices fell by the largest amount since at least 1947, fueled
by a sharp drop in energy prices. Prices outside of energy also fell,
reflecting the weak economy, and resulting in core CPI falling 0.1%.
Oil is up 1.2% to $55.05 per barrel as the dollar falls 1.0%. The
government will release its weekly energy inventory data at 15:35 GMT.