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S stocks ticked lower Friday afternoon as the latest reading from a closely watched inflation gauge extended a story of cooling inflation and as investors absorbed the fallout of the BidenTrump debate.

The S&P 500 (^GSPC) shed roughly 0.2% after the benchmark closed a step nearer to its record high. The techheavy Nasdaq Composite (^IXIC) also gave up around 0.2%, while the Dow Jones Industrial Average (^DJI) decreased 0.3%