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Stock index dips on US inflation woes

THE Philippine Stock Exchange index (PSEi) declined by 38.70 points, or 0.61 percent, on Tuesday to settle at 6,349.94.

According to Claire Alviar, research associate at Philstocks Financial Inc., negative market sentiment from the US spilled over to the Asian markets.

The PSE building in Taguig City. Photo by J. Gerard Seguia0