Cheaper oil produces first decline in wholesale prices in 17 months. But inflation far from dead as trade wars heat up. - MarketWatch
1. Wholesale prices fell 0.4%, first drop in 17 months. 2. Yearly wholesale inflation slowed to 2.7% from 3.2%. 3. Cheaper oil temporarily eases inflation but may not last. 4. High U.S. tariffs on Chinese goods could impact prices significantly. 5. DJIA dropped 2.50% but expected slight recovery in trading.