Stock market today: Wall Street falls after hot inflation report burns hopes for a June rate cut
By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are sinking Wednesday on worries that what seemed like a blip in the battle to bring down inflation is turning into a trend. The S&P 500 was 1% lower in a wipeout where roughly nine out of 10 stocks in the index fell.
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