Published on 12 Apr 2022 on MarketWatch
U.S. stocks end lower in choppy session after data shows inflation running hottest since 1981
U.S. stocks ended modestly lower Tuesday, erasing earlier gains, as investors questioned whether the sharpest rise in the consumer price index in more than 40 years marks peak inflation.
On Monday, the Dow fell 413 points, or 1.2%, while the S&P 500 declined 1.7% and the Nasdaq Composite dropped 2.2%. The S&P 500 ended the session down 7% on the year.