Stocks Fall on Weakness in Software and Credit Card Companies

St. Louis Fed President Alberto Musalem said the US economy is pretty robust, and he expects above-potential growth, and that it is unnecessary and unadvisable for the Fed to take an accommodative stance.US Dec CPI was unchanged from Nov at +2.7% y/y, right on expectations. Dec core CPI was also unchanged from Nov at +2.6% y/y, a smaller increase than expectations of +2.7% y/y.Stocks have some negative carryover from Monday on concerns about Fed independence, after Fed Chair Powell said the Justice Departme ...